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Musk’s Grok Maker Aims for $15 Billion Valuation

Elon Musk’s artificial intelligence company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, according to people with knowledge of the talks. Grok is aiming for a valuation of at least $15 billion. Bloomberg’s Katie Roof reports on “Bloomberg Technology.” Read more: ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Elon Musk’s artificial intelligence company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, according to people with knowledge of the talks. Grok is aiming for a valuation of at least $15 billion. Bloomberg’s Katie Roof reports on “Bloomberg Technology.”
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12 Comments

12 Comments

  1. @cakeismtrader4227

    January 22, 2024 at 12:53 pm

    What are you talking about partnership with Microsoft??? What???

  2. @stannis7656

    January 22, 2024 at 12:57 pm

    trying to make that twitter money back after making it a complete shitshow slashing it’s valuation by 2/3 and losing all advertisers

    • @TheMagicJIZZ

      January 22, 2024 at 2:56 pm

      You don’t understand valuation

      It’s just a tax write off when private.

      It’s better to grow into a valuation. Remember Elon admitted he overpaid so imagine the twitter public stock rn without elon

      It was only worth 30 billion before Elon so 19 billion isn’t that bad tbh. Look at other stocks and their crash

    • @web2yt488

      January 22, 2024 at 7:49 pm

      Certainly they’ve found a way to monetise their greatest asset

  3. @Nina23923

    January 22, 2024 at 1:04 pm

    Hello, I need some advice. I work 2 jobs to support my family, and I am selling many personal possessions to try to get to a single Bitcoin. I am battling debt, trying to keep us a float, and just trying to be part of this movement. Is there any way to make money from cryptocurrency trading?

    • @IlanGumush

      January 22, 2024 at 1:05 pm

      Well for me, I recently got into crypto trading and I’m already marveling over the profits I am making. I’m like, “how the hell have I been sleeping on this?

    • @connorwalker8812

      January 22, 2024 at 1:05 pm

      Get yourself someone who understands the market very well and is also professional in placing trades. That’s the key

    • @garrickharrison2845

      January 22, 2024 at 1:06 pm

      Trading with a professional crypto trader helps a lot when you’re into crypto investments

    • @Buzzlyon

      January 22, 2024 at 1:07 pm

      Having orientation of trading before getting involved will help you more

    • @Albertode28

      January 22, 2024 at 1:07 pm

      Talking about orientation of trading you’re really on good point. I see trading as a way to overcome poverty

  4. @raf7665

    January 22, 2024 at 3:22 pm

    It’s gonna be valuable like twitter

  5. @william_8844

    January 22, 2024 at 4:02 pm

    How is the boring company doing though….just curious!

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Nvidia’s Magic Fades | Bloomberg Technology

Bloomberg’s Caroline Hyde discusses the latest sentiment around Nvidia as investors cool on the AI darling despite posting an earnings beat. And, the new Trump administration is said to be mulling a first-ever crypto policy role. Plus, Palo Alto Networks sees easier “fixes” ahead in cybersecurity as the world moves from hardware to software. ——–…

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Bloomberg’s Caroline Hyde discusses the latest sentiment around Nvidia as investors cool on the AI darling despite posting an earnings beat. And, the new Trump administration is said to be mulling a first-ever crypto policy role. Plus, Palo Alto Networks sees easier “fixes” ahead in cybersecurity as the world moves from hardware to software.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Nikesh Arora, CEO of Palo Alto Networks, says M&A could potentially move quicker under the new Trump administration as they take on a more deregulatory tone. He joins Caroline Hyde to discuss on “Bloomberg Technology.”
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JPMorgan Chase Chief Data and Analytics Officer Teresa Heitsenrether talks about how the company is using an artificial intelligence assistant called LLM Suite. She speaks to Bloomberg’s Caroline Hyde at the Evident AI Symposium in New York.
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