Breaking: Elon Musk’s xAI Collaborates with Oracle for AI Supercomputer, Boosting Bitcoin (BTC) and Ethereum (ETH) Prospects

<ul>
  <li>Elon Musk's xAI partners with Oracle to build a supercomputer, aiming to advance AI capabilities and expand globally.</li>
  <li>The collaboration focuses on creating a "Gigafactory of Compute" to enhance Grok, xAI's AI model.</li>
  <li>Musk aims to increase xAI's funding to $6 billion due to high investor interest.</li>
</ul>
<p><strong>Elon Musk's xAI and Oracle join forces to revolutionize AI with a new supercomputer, aiming for global expansion and technological advancement.</strong></p>
<h2><strong>Elon Musk’s xAI Forges AI Supercomputer Alliance</strong></h2>
<p>The partnership between xAI and Oracle is designed to construct what has been termed a “Gigafactory of Compute.” This initiative will focus on building a supercomputer that will serve as the backbone for training and evolving Grok. In April, Musk aimed to secure $4 billion in funding at a $15 billion valuation for xAI. Investor interest surged, prompting Musk to increase the funding target to $6 billion at an $18 billion valuation.</p>
<p>Furthermore, the funds are anticipated to expand xAI’s GPU count dramatically. The goal is to boost the number from approximately 10,000 to 100,000 GPUs. This expansion is not just a quantitative increase but a strategic enhancement to unify these GPUs into a robust supercomputer architecture, empowering Grok to reach new heights of AI efficiency and capability.</p>
<p>During the VivaTech 2024 conference in Paris, Musk shared his vision for xAI’s trajectory. He expressed confidence that xAI would catch up with AI industry leaders such as OpenAI and DeepMind by the end of 2024. Musk also speculated that by the end of 2025, AI systems like Grok could outperform humans in all tasks, potentially redefining human roles in the economy.</p>
<h3><strong>Grok Chatbot Launch Marks xAI European Expansion</strong></h3>
<p>Recently, xAI introduced its AI chatbot, Grok, to the European market. This launch is part of a broader strategy to make advanced AI tools accessible worldwide. Despite the wide rollout, Grok is yet to be available to all users in Europe, reflecting a phased approach to its introduction.</p>
<p>Linda Yaccarino, CEO of X, the parent company of xAI, highlighted this expansion as a pivotal development. According to Yaccarino, Grok’s deployment in Europe marks a significant milestone in xAI’s strategy to extend its market presence beyond the US. This move is expected to foster broader adoption and integration of AI across various sectors, potentially influencing global AI strategies and policies.</p>
<h3><strong>Conclusion</strong></h3>
<p>Elon Musk's xAI partnership with Oracle to build a supercomputer is a significant step towards advancing AI capabilities. With plans to increase funding and GPU count, xAI aims to position itself as a leader in the AI industry. The European launch of Grok further underscores xAI's commitment to global expansion and technological innovation. As xAI continues to grow, its developments will likely have profound implications for the future of AI and its role in the global economy.</p>