xAI

Elon Musk’s xAI is preparing to release two models: Grok 4, a general-purpose AI with upgraded reasoning and vision capabilities, and Grok 4 Code, a specialized coding assistant that integrates directly with developer environments. This marks xAI’s most targeted move yet into both the consumer and developer LLM markets.

Elon Musk’s xAI has raised $10 billion through a mix of debt and equity funding, backed by Morgan Stanley and major institutional investors. The funding will accelerate development of its Grok platform and a planned mega-scale data center. With this round, xAI’s total capital raised reaches $17 billion, positioning it as a heavyweight challenger in the AI arms race.