Market
Where will Grok 3 rank among AI models by end of 2025?
2
Elon Musk•xAI•Andreessen Horowitz•BlackRock•Fidelity•Kingdom Holdings•Lightspeed•MGX•Morgan Stanley•OIA•QIA•Sequoia Capital•Valor Equity Partners•Vy Capital•Nvidia•AMD•Grok AI•Colossus•Memphis•Tennessee•iOS•Grok
Resolution / Starting Odds
Top 3 • 25%
Top 10 • 25%
Top 20 • 25%
Outside Top 20 • 25%
AI performance benchmarks and evaluations published by credible AI research organizations
Story
xAI Secures $6 Billion in Series C Funding, Valued Over $40 Billion, Advances Grok 3 and iOS App
Dec 23, 2024, 10:27 PM
Elon Musk's artificial intelligence startup, xAI, has successfully raised $6 billion in a Series C funding round, bringing its total funding to $12 billion this year. The round included investments from prominent firms such as Andreessen Horowitz, BlackRock, Fidelity, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia, and AMD. The funding will be used to enhance xAI's AI products and infrastructure, particularly its Grok AI model and the 'Colossus' supercomputer located in Memphis, Tennessee. The latest round values xAI at over $40 billion. xAI is currently training its most advanced model yet, Grok 3, which is expected to be released by the end of the year. Additionally, xAI is testing a standalone iOS app for its Grok chatbot, previously available only to X users, expanding its accessibility. The 'Colossus' supercomputer currently utilizes 100,000 Nvidia GPUs.
View original story
Similar markets
Top 3 • 25%
1st place • 25%
Top 10 • 25%
Outside Top 10 • 25%
No change • 25%
Decrease • 25%
Increase by less than 20% • 25%
Increase by 20% or more • 25%
Enterprise solutions • 25%
Consumer applications • 25%
Scientific research • 25%
Other • 25%
Top 20 • 25%
Top 10 • 25%
Outside Top 50 • 25%
Top 50 • 25%
OpenAI's ChatGPT • 25%
Other • 25%
Anthropic's Claude • 25%
Google Bard • 25%
Other • 25%
Finance • 25%
Autonomous Vehicles • 25%
Healthcare • 25%