Tesla AND SpaceX CEO Elon Musk is set to open source its AI chatbot code Groka move that could have a significant impact on the artificial intelligence sector.
What happened: On Monday, Musk revealed that his artificial intelligence startup, xAI, will make Grok “open source” this week. The move was seen as a direct challenge to ChatGPT-parent OpenAIa company the tech mogul co-founded in 2015 and left in 2018.
Now, Deep sea resource management managing partner, Gene Munster, shared his thoughts on Musk’s announcement. She believes Musk’s xAI is advancing rapidly and is on track to become the leading private AI company.
See also: Elon Musk is currently on a crusade against ‘diluted’ Oscars: ‘He no longer commands respect’
Munster also predicted that xAI will soon need to raise significant funding to maintain its competitive edge. “Musk reports that xAI has not raised and is not raising money, but I believe that will change soon because speed and deep pockets are key in the AI race,” he said, adding: “When it does, it will raise boats loads of money quickly.”
Because matter: In early February, Munster predicted Musk’s acquisition Twitternow renamed as Xwould increase the value of his artificial intelligence company xAI.
“The reason is that Twitter data is powerful (the best source of real-time intent) and it will use the data to train xAI to become one of the top three baseline models,” he said at the time, adding: “Those models they should be valued in the hundreds of billions of dollars.”
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Disclaimer: This content was partially produced with the help of Benzinga Neuro and has been reviewed and published by Benzinga Editors.