Elon Musk’s new xAI startup venture has launched its first AI chatbot named Grok to challenge ChatGPT.
File this under “What could possibly go wrong?”, but Elon Musk’s new AI chatbot Grok has been modeled after “The Hitchhiker’s Guide to the Galaxy”, and It’s supposed to have “a bit of wit,” “a rebellious streak” and it should answer the “spicy questions” that other AI might dodge – so essentially Elon Musk modeled his AI chatbot after himself!
xAI is entering an already crowded industry, with competitors including the wildly popular OpenAI, Inflection who has been funded by Microsoft, Nvidia and billionaires Reid Hoffman, Bill Gates and Eric Schmidt, and Anthropic which has been funded by both Google and Amazon.
The AI chatbot industry is already a $5.4 billion dollar market as of 2023, and is expected to grow to $15.5 billion by 2028, with a CAGR of 23.3%.
Elon Musk debuts ‘Grok’ AI bot to rival ChatGPT, others