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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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President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

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Rumble Bets on AI Compute Demand With New AI Platform

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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