Musk Debuts Grok-3 AI Chatbot to Rival OpenAI, DeepSeek

Published On Feb 18, 2025, 6:04 AM

Elon Musk's AI startup xAI has introduced its latest chatbot, Grok-3, which reportedly outperforms OpenAI's models in various benchmarks. This launch follows Musk's recent unsuccessful attempt to acquire OpenAI. Grok-3 boasts significant advancements, including over ten times the computing power of its previous version. Alongside Grok-3, xAI also unveiled a new reasoning chatbot called DeepSearch. Musk has indicated that xAI is looking to raise $10 billion in funding, which would value the company at approximately $75 billion, amid a growing rivalry with OpenAI and other AI firms.

Stock Forecasts

NVDA

Positive

The debut of Grok-3 and its impressive performance claims could position xAI as a serious competitor to OpenAI, enhancing investor interest. Furthermore, plans for substantial funding indicate potential for rapid scaling and innovation within the AI sector.

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