xAI Recruits Multiple Wall Street Firms to Test Grok Ahead of SpaceX IPO on May 14

On May 14, xAI, the artificial intelligence company backed by Elon Musk, recruited multiple Wall Street institutions to test its Grok chatbot in a push to drive revenue growth before SpaceX's initial public offering. Apollo Global Management and Morgan Stanley have begun using Grok internally, evaluating it alongside software from other AI model developers.
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