Elon Musk Says xAI’s Grok Chatbot Will Go Open Source
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: TipRanks
Updated: Mar 11 2024
- Elon Musk's Announcement: Elon Musk announced that xAI's chatbot 'Grok' will go open-source this week, positioning it as a competitor to Microsoft-backed OpenAI's ChatGPT.
- Musk's Concerns and Lawsuit: Musk expressed concerns about Tesla's AI focus and sued OpenAI for allegedly deviating from its original mission of developing AI for humanity rather than profit.
- xAI's Grok Launch: xAI launched Grok for Premium+ subscribers on X in December, aiming to create a "maximum truth-seeking AI".
- Analysts' View on TSLA Stock: Analysts have a Hold consensus rating on TSLA stock, with 11 Buys, 19 Holds, and five Sells, despite a decrease of over 25% in the past year.
- TSLA Stock Outlook: The average TSLA price target is $210.78, suggesting an upside potential of 20.2% at current levels.
About the author
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
