Elon Musk’s xAI considers buying Character.ai- The Information
Trending Articles- Bitcoin Drops to $70,000. U.S. Government Refuses to Bail Out Market, End of Bull Market or Golden Pit?
- Gold rallies further beyond $5,050 amid flight to safety, dovish Fed expectations
- A Crash After a Surge: Why Silver Lost 40% in a Week?
- Bitcoin Reclaims $70,000. Cathie Wood Claims Near Potential Bottom, Will This Time Be Different?
- Gold Price Forecast: XAU/USD falls below $5,050 as traders await US jobs data
- Bitcoin Rout. Bridgewater Founder Dalio Publicly Backs Gold.
Investing.com-- Elon Musk’s xAI start-up is considering buying chatbot maker Character.ai as it seeks more ways to test its flagship artificial intelligence models, The Information reported on Wednesday.
xAI held internal discussions over a potential offer, and may not result in a deal, The Information report said, citing a source that spoke with xAI management over the deal.
Character.ai allows users to develop chatbots that are capable of generating human-like text responses and can hold conversations. The company was founded by former Google (NASDAQ:GOOGL) engineers Noam Shazeer and Daniel De Freitas.
Musk formed xAI in 2023, joining a slew of major technology companies as they raced to roll out their own AI offerings after the launch of ChatGPT.
xAI’s flagship model, Grok, is accessible on the social media platform X, formerly known as Twitter, which Musk had bought in 2022. Musk had said X would own about 25% of xAI.
In July, Musk had asked his X followers whether Tesla Inc (NASDAQ:TSLA) should invest $5 billion in xAI. He had also flagged a potential integration of xAI technology into Tesla’s self-driving features.
Read more
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.
