ChainCatcher news, according to Bloomberg, Elon Musk's artificial intelligence company xAI is in talks for approximately $10 billion in funding, with a valuation expected to reach around $75 billion.Insiders reveal that existing investors Sequoia Capital, a16z (Andreessen Horowitz), and Valor Equity Partners are in discussions to participate in this round of financing. It is reported that xAI's previous funding round had a valuation of about $51 billion, and the specific terms of the current financing have not yet been finalized.

ChainCatcher news, according to Jinshi reports, Musk praised his upcoming chatbot Grok 3, stating that it will surpass all other AI models to date, and that the world will see it in a few weeks.On Thursday, Musk said in a video speech, "Sometimes I feel like Grok 3 is frighteningly smart." He indicated that the upcoming model is trained on synthetic data and can reflect on mistakes by repeatedly reviewing the data to achieve logical consistency.Musk stated, "We are in the final stages of refining Grok 3, and it may be released in a week or two, so it’s coming soon." He added that he does not want to appear "hasty" when releasing the AI model.

ChainCatcher message, the DeepBrain Chain ecosystem project XAIAgent has now launched its IAO (Initial AI Agent Asset Offering). According to official data, over 13 million DBC tokens have already participated in the subscription.It is reported that XAIAgent is dedicated to creating a decentralized platform for the creation, use, launch, and trading of AI Agents. This IAO adopts a zero-price fundraising model, allowing more users the opportunity to fairly acquire AI Agent assets and promoting rapid expansion of the ecosystem.

ChainCatcher news, app developer Nima Owji disclosed on social media that xAI's AI application Grok can now show users real-time prices of stocks and cryptocurrencies.

ChainCatcher news, according to market data from RootData, the InfluxAI token (IFAI) has increased by 33.74% in the last 24 hours, currently priced at $0.03.According to the Web3 asset data platform RootData, InfluxAI is a one-stop security application platform aimed at blockchain projects, consumers, and developers. The platform is designed to provide convenient and intelligent security services through a series of technological innovations, including the integration of artificial intelligence, automated contract auditing, and real-time on-chain monitoring. It also aims to enhance developer productivity and drive the industry towards a safer production model.

ChainCatcher message, Musk stated on X that BlackRock's stake in xAI is below 0.5%, making it one of many investors.

ChainCatcher news, according to Forbes, Musk's xAI company announced on Monday that it has raised $6 billion in a Series C funding round, with the company's valuation exceeding $40 billion as it continues to strengthen its artificial intelligence products and infrastructure.Investors include Blackrock, A16Z, Saudi Arabia's Kingdom Holding Company, Fidelity, and Sequoia Capital, the latter three of which participated in xAI's $6 billion Series B funding round in May this year.In the funding announcement, xAI stated that it is training Grok 3, and according to a tweet released by Musk in June, Grok 3 has not yet been launched and is expected to be released by the end of the year.

ChainCatcher news, Elon Musk's artificial intelligence startup xAI has launched a beta version of a standalone iOS application for the Grok chatbot. The app was previously available only to X users and is now accessible in Australia and other parts of the world.It is reported that features will include access to real-time web data, text summarization, answering questions, rewriting content, and generating images from text prompts.

ChainCatcher news, according to Jinshi reports, the Oman Investment Authority has announced the acquisition of a partial stake in Elon Musk's artificial intelligence company xAI. The Oman Investment Authority is also a shareholder of SpaceX.

ChainCatcher message, xAI announced that Grok is now available for free to everyone. It stated: "Our AI assistant is faster, sharper, and includes all new image generation features. It is available for free on X starting today."

ChainCatcher news, Interface News reported that Musk's xAI announced on December 13 local time that it will begin to roll out the new Grok-2 model for free to all users on the X platform.In the past few weeks, the company has been testing the new version of the Grok-2 model, which has tripled its speed and improved accuracy, instruction following, and multilingual capabilities.

ChainCatcher news, according to a report by Reuters, Musk's artificial intelligence startup xAI plans to expand its supercomputer in Memphis, Tennessee, to accommodate at least 1 million graphics processing units (GPUs), as xAI works to compete with rivals like OpenAI.In response to the Reuters report, Musk stated, Nope, at least 1 biiillioon GPUs!

ChainCatcher news, Elon Musk's artificial intelligence company xAI plans to launch a standalone application for its Grok chatbot as early as December. Currently, Grok is only available through Musk's X platform (formerly Twitter) and requires a subscription to use. This move will put Grok in direct competition with rivals that have standalone applications, such as OpenAI's ChatGPT, Google's Gemini, and Anthropic's Claude.

ChainCatcher news, Musk posted on the X platform that too many game studios are owned by large corporations, and xAI is about to launch an AI game studio to make gaming exciting again.

ChainCatcher news, according to the Financial Times, Elon Musk has fulfilled his promise by gifting shares of his artificial intelligence startup xAI to X shareholders.Musk promised last year to give X shareholders 25% of the new company, but there has been little news about this commitment since then. The Financial Times reported on Wednesday that X shareholders received a quarter of the equity in two rounds of financing for xAI, with one round now completed, valuing the AI startup at $50 billion.The Financial Times reported that xAI stock may be enough to offset the losses X shareholders incurred from their investments in the social media platform. Since Musk took over, X's business has collapsed as advertisers have fled, leading to a significant drop in its revenue.

ChainCatcher news, Elon Musk has offered investors who supported his $44 billion acquisition of Twitter (now named X) a 25% stake in xAI. xAI was founded last year with the aim of competing with companies like OpenAI and Anthropic.Insiders revealed that xAI is set to complete a new round of $5 billion financing as early as Wednesday, with its valuation doubling in just six months to reach $50 billion. By the end of this week's financing, xAI will have raised approximately $11 billion in total to cover the massive expenses required to build AI models and one of the largest supercomputer clusters in the world.This means that, due to the significant increase in the startup's value, some of Musk's supporters can profit handsomely from their stakes in xAI, while these supporters faced losses of billions of dollars during his acquisition of Twitter. Beneficiaries as investors in Musk's two companies include Fidelity, Oracle co-founder Larry Ellison, Saudi Prince Alwaleed bin Talal, Twitter founder Jack Dorsey, and Silicon Valley venture capital firms Sequoia Capital and Andreessen Horowitz (a16z).

ChainCatcher news, according to the Financial Times, Musk's SpaceX and xAI will achieve a valuation leap of billions of dollars through a new deal. According to insiders, Musk's artificial intelligence startup xAI has raised $5 billion, reaching a valuation of $45 billion, nearly double its valuation from a few months ago.According to insiders, SpaceX is preparing to launch a tender offer in December, selling existing shares of the company at about $135 per share. This would push the rocket manufacturer's valuation above $250 billion.

ChainCatcher news, according to the New York Post, Elon Musk's artificial intelligence startup xAI is in talks with Nvidia to secure a significant investment aimed at accelerating the development of its large language model Grok.Additionally, the Wall Street Journal reports that xAI is negotiating to raise billions of dollars from investors, with the company's valuation at around $40 billion. It also noted that Musk is seeking strategic investors, primarily from tech companies, to support this round of financing, but no names have been confirmed yet. It is reported that venture capital firms including Sequoia Capital, Andreessen Horowitz, and Vy Capital are also involved in these ongoing negotiations.