{"id":19260,"date":"2024-11-27T16:50:32","date_gmt":"2024-11-27T16:50:32","guid":{"rendered":"https:\/\/gpt.m2mbeta.com\/?p=19260"},"modified":"2024-11-27T16:50:32","modified_gmt":"2024-11-27T16:50:32","slug":"elon-musks-ai-company-may-release-a-consumer-app","status":"publish","type":"post","link":"https:\/\/gpt.m2mbeta.com\/?p=19260","title":{"rendered":"Elon Musk\u2019s AI company may release a consumer app"},"content":{"rendered":"<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">xAI, Elon Musk\u2019s AI company, is reportedly preparing to release a standalone consumer app.<\/p>\n<p class=\"wp-block-paragraph\">That\u2019s <a rel=\"nofollow\" href=\"https:\/\/www.wsj.com\/tech\/ai\/elon-musk-x-open-ai-03ff1ead\">according<\/a> to The Wall Street Journal, which reports that the upcoming app will be similar to OpenAI\u2019s <a href=\"https:\/\/techcrunch.com\/2024\/11\/22\/chatgpt-everything-to-know-about-the-ai-chatbot\/\">ChatGPT<\/a> app, allowing users to access xAI\u2019s <a href=\"https:\/\/techcrunch.com\/2024\/03\/29\/what-is-elon-musks-grok-chatbot-and-how-does-it-work\/\">Grok<\/a> chatbot from their personal devices.<\/p>\n<p class=\"wp-block-paragraph\">The app will likely arrive after xAI closes its next funding round, which could reach $5 billion and value the company at $50 billion, <a rel=\"nofollow\" href=\"https:\/\/www.ft.com\/content\/5c9ca1f6-b6fe-4c96-84e2-38e3eee90f3b\">per<\/a> the Financial Times \u2014 double its valuation six months ago. Musk is <a rel=\"nofollow\" href=\"https:\/\/www.ft.com\/content\/5c9ca1f6-b6fe-4c96-84e2-38e3eee90f3b\">said<\/a> to have given investors who backed his $44 billion Twitter <a href=\"https:\/\/techcrunch.com\/2022\/10\/27\/elon-musk-bought-twitter\/\">acquisition<\/a> 25% of the shares in xAI to reward their loyalty.<\/p>\n<p class=\"wp-block-paragraph\">According to the FT, some of Musk\u2019s backers \u2014 including Fidelity, Oracle co-founder Larry Ellison, and Twitter founder Jack Dorsey \u2014 could be made whole through shares in xAI thanks to the startup\u2019s massive rise in value.<\/p>\n<p class=\"wp-block-paragraph\">When xAI\u2019s funding round closes, the company will have raised about $11 billion.<\/p>\n<\/div>\n<p><\/p>\n<hr style=\"border-top: 2px solid #ccc; margin-top: 20px;\">\n<p><em>Source: <\/em> <em><a href=\"https:\/\/techcrunch.com\/2024\/11\/27\/elon-musks-ai-company-may-release-a-consumer-app\/\">techcrunch.com\u2026<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>xAI, Elon Musk\u2019s AI company, is reportedly preparing to release a standalone consumer app. That\u2019s according to The Wall Street Journal, which reports that the upcoming app will be similar to OpenAI\u2019s ChatGPT app, allowing users to access xAI\u2019s Grok chatbot from their personal devices. The app will likely arrive after xAI closes its next [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19260","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=\/wp\/v2\/posts\/19260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19260"}],"version-history":[{"count":0,"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=\/wp\/v2\/posts\/19260\/revisions"}],"wp:attachment":[{"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gpt.m2mbeta.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}