By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Elon Musk releases new AI chatbot ‘Grok’ in bid to take on ChatGPT
News

Elon Musk releases new AI chatbot ‘Grok’ in bid to take on ChatGPT

News Room
Last updated: 2023/11/05 at 5:08 AM
By News Room
Share
4 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Elon Musk’s artificial intelligence start-up xAI has released its first AI model, as the tech billionaire looks to take on OpenAI, Google and Meta with a sassy chatbot that is tightly integrated with X, formerly Twitter.

Grok, the new AI system, has “real time access” to information from X, the social media platform Musk bought for $44bn a year ago, he said in a post on Saturday night, giving it a “massive advantage over other models” that have largely relied on older archives of internet data.

The chatbot “loves sarcasm” and responds with “a little humour”, Musk added, hoping that giving Grok more personality will allow it to stand out in an increasingly crowded market.

“It will also answer spicy questions that are rejected by most other AI systems,” xAI said as it announced a “very early” testing version of Grok.

So-called generative AI companies — whose technology can create humanlike text, code and imagery in seconds — have raised billions of dollars this year as investor pile in to an industry that proponents say could be as transformative as the internet. Others, however, fear a new tech bubble is inflating, as commercialisation of the technology remains at an early stage.

xAI’s ability to release a capable model with what it says was just two months of training shows how new entrants are beginning to eat away at the huge lead established by OpenAI, which released its breakthrough chatbot ChatGPT almost a year ago.

Musk, who said last week that eventually “AI will be able to do everything” and render human work obsolete, formed xAI earlier this year. His team of engineers, who formerly worked at Google DeepMind and Microsoft, has been racing to catch up with more established rivals such as OpenAI, which Musk co-founded in 2015 but left three years later.

Despite being created in just a few months, Musk claims that Grok’s capabilities rival the latest models from Meta, which released its LLaMA 2 model in July, and Inflection, the AI start-up led by former DeepMind co-founder Mustafa Suleyman, according to benchmark tests.

xAI said Grok’s ability to respond to mathematical queries or demonstrate reasoning is similar to OpenAI’s GPT-3.5, the model that powered the initial version of ChatGPT when it launched last November. The start-up added that Grok passed a Hungarian high school final maths exam with a grade C, matching Anthropic’s Claude model.

However, xAI also admitted it is behind OpenAI, which in March released its latest GPT-4 model, which has shown “human-level performance” on professional benchmarks such as the US bar exam, and is already being embedded into apps by partner companies.

“[Grok] is only surpassed by models that were trained with a significantly larger amount of training data and compute resources like GPT-4,” xAI said. “This showcases the rapid progress we are making at xAI in training LLMs with exceptional efficiency.”

Oracle, the software group chaired by Musk ally Larry Ellison, said in September that xAI was training its technology using its cloud computing platform.

Users of X can apply now to try out Grok, which will be available to subscribers of the app’s new “Premium+” service, costing around $16 a month, after it completes an unspecified period of testing.



Read the full article here

News Room November 5, 2023 November 5, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
America’s power grid faces its biggest test yet

Watch full video on YouTube

How AI is killing promotions

Watch full video on YouTube

Synopsys, Inc. (SNPS) Q4 2025 Earnings Call Transcript

FollowPlay Earnings CallPlay Earnings Call Synopsys, Inc. (SNPS) Q4 2025 Earnings Call…

Zelenskyy talks Ukraine postwar plan with Scott Bessent, Jared Kushner and Larry Fink

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Trump’s immigration data dragnet

“I’ve seen the apps and I don’t like them,” says a DHS…

- Advertisement -
Ad imageAd image

You Might Also Like

News

Synopsys, Inc. (SNPS) Q4 2025 Earnings Call Transcript

By News Room
News

Zelenskyy talks Ukraine postwar plan with Scott Bessent, Jared Kushner and Larry Fink

By News Room
News

Trump’s immigration data dragnet

By News Room
News

EU companies say ‘undervalued’ renminbi aiding China’s exporters

By News Room
News

GE Vernova Inc. (GEV) Discusses Financial Guidance, Multiyear Outlook, and Industry Growth Drivers Transcript

By News Room
News

Ukraine strikes deal to restructure $2.6bn of growth-linked debt

By News Room
News

Boaz Weinstein’s $2bn flagship hedge fund sinks amid buoyant markets

By News Room
News

The power crunch threatening America’s AI ambitions

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?