xAI says it raised $20B in Series E funding

In Brief

xAI, Elon Musk’s AI institution down the Grok chatbot — it besides owns X – announced that it has raised $20 cardinal successful a Series E backing round.

The institution wrote successful a blog post that investors volition see Valor Equity Partners, Fidelity, Qatar Investment Authority, and others, including Nvidia and Cisco arsenic “strategic investors.” xAI has not disclosed if these investments travel successful the signifier of equity oregon debt.

xAI says it has astir 600 cardinal monthly progressive users of X and Grok, and it volition usage this caller backing to proceed expanding its information centers and Grok models.

However, arsenic xAI grows, truthful does its capableness for harm. This past weekend, X users asked Grok to make sexualized deepfakes of existent radical — including children. Instead of refusing these requests oregon activating immoderate benignant of guardrail, Grok complied, efficaciously generating kid intersexual maltreatment worldly (CSAM) and different nonconsensual intersexual contented of existent people.

xAI is present under investigation by planetary authorities successful the European Union, the United Kingdom, India, Malaysia, and France.

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