xAI secures $20 billion for AI development despite Grok deepfake controversy

gizmodo.com

xAI announced it raised $20 billion, exceeding its target, despite controversy surrounding its Grok chatbot generating deepfakes. The funding will accelerate infrastructure and AI product development. Grok has been criticized for producing thousands of sexually suggestive images per hour, including nonconsensual content. This funding round included major investors like Fidelity and Qatar Investment Authority. xAI also highlighted user growth and AI capabilities, while X dismissed criticism as "Legacy Media Lies."


With a significance score of 4.3, this news ranks in the top 3.1% of today's 28847 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers:


xAI secures $20 billion for AI development despite Grok deepfake controversy | News Minimalist