• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Elon Musk's Grok App Aims to Compete with AI Giants

user avatar

by Giorgi Kostiuk

a year ago

Elon Musk's company xAI has launched a standalone app for the Grok chatbot, aiming to compete with major AI players.

Grok's Standalone App Launch

The app for Grok, xAI’s innovative chatbot, has quietly made its appearance on the App Store. The launch occurred on Thursday, with the product currently only available to users in the United States. It's a beta version and free to use for now.

Elon Musk's Relationship with OpenAI

Elon Musk had a tumultuous relationship with OpenAI, which he co-founded. He left in 2018 due to disagreements on funding and management. Musk was unhappy with the shift to a 'capped-profit' model, which he viewed as a betrayal of OpenAI's mission.

xAI's Rise and Grok's Competition

xAI officially launched in July 2023 and unveiled Grok within months. The company is reportedly raising up to $6 billion and acquiring 100,000 Nvidia chips for AI research. The Grok app is a strategic move to capture a significant share of the booming generative AI market.

The launch of the Grok app marks a new milestone for xAI, intensifying competition in the fast-evolving AI landscape.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Threatens to Break Previous Monthly Cycle High

chest

Bitcoin is nearing a critical point where it may break the previous monthly cycle high of 61,359, a first in its history.

user avatarAndrew Smith

Taylor Lindman Appointed as Chief Counsel of SEC Crypto Task Force

chest

Taylor Lindman has been appointed as the new Chief Counsel of the SEC's Crypto Task Force, focusing on compliance and legal guidance for digital assets.

user avatarJacob Williams

Potential Changes in Bitcoin Derivatives Markets Following CLARITY Act

chest

Market expert MartyParty highlights that the CLARITY Act could lead to significant changes in Bitcoin derivatives markets, enhancing CFTC authority and encouraging institutional participation.

user avatarZainab Kamara

Crypto Investment Funds Face Continued Outflows Amid Market Slowdown

chest

Crypto investment funds have faced a fifth consecutive week of net outflows, totaling approximately $4 billion over five weeks, with a significant decline in trading activity.

user avatarAyman Ben Youssef

Blockchain Association Unveils New Tax Principles for Digital Assets

chest

The Blockchain Association has introduced a framework to guide lawmakers on digital asset taxation as discussions around the CLARITY Act continue.

user avatarSon Min-ho

Market Leverage Ratio Declines, Indicating Reduced Speculative Positioning

chest

The Estimated Leverage Ratio in the crypto derivatives market has sharply declined, suggesting a reduction in speculative positioning and a calmer market environment.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.