Gate News report: On March 25, Elon Musk posted that the next version of xAI's image generation tool Grok Imagine "will be epic, we're doubling down on it." The official Grok account subsequently replied confirming the new version is called Grok Imagine.

According to 1M AI News monitoring, Elon Musk posted that the next version of xAI's image generation tool Grok Imagine "will be epic, we are doubling down on investment." The official Grok account subsequently replied confirming that the new version is named Grok Imagine.

SpaceX is accelerating its IPO process, with plans to submit an IPO application to the SEC as early as this week. The company targets a valuation of $1.5 trillion to $1.75 trillion and aims to go public in 2026. The company has acquired xAI to integrate artificial intelligence with aerospace operations. Despite IPO expectations, tokenized stock prices have fallen 22%, reflecting market caution regarding uncertainty. SpaceX also holds approximately 8,285 bitcoins, increasing its influence in the crypto market.

Musk's xAI is adopting an on-site strategy, dispatching engineers to potential customers' offices to compete with OpenAI and Anthropic for clients. Shift4 Payments has decided to adopt xAI's Grok while keeping Anthropic's Claude. xAI's customers are primarily connected to Musk's enterprises and government entities, a strategy that reflects a broader trend in the AI industry where competitors are also deploying engineers to support customers.

An xAI team member Jaime Alonso announced his departure on March 20, which was his last day at the company. He thanked co-founder Toby Pohlen and the London team for their support. Pohlen himself had announced his departure earlier on February 27, and had previously been involved in the development of Grok.

Gate News, on March 19, Musk recently posted on social media stating that xAI's recommendation algorithm will launch a major update next week and will be open-sourced.

Abacus.AI CEO Bindu Reddy criticized Google's Gemini 3.0 as falling short of expectations, suggesting that Google focus on its core business and optimize its AI models. Elon Musk responded by stating that Google will win the AI race in the West, while noting that SpaceX has merged with xAI, reaching a valuation of 12.5 billion dollars.

xAI's Grok 4.20 officially ended beta testing on March 19th and launched four reasoning modes. Grok 4.20 set a record of 78% in hallucination-free rate testing, but its composite intelligence score is 48 points, lower than competitors. API pricing is $2 for input and $6 per million tokens for output, supporting context of up to 2 million tokens.

Gate News reported that on March 17, Musk posted on social media stating that by the end of this week, xAI will be training three Grok Build models simultaneously.

xAI is recruiting financial domain experts from Wall Street to expand its data annotation team for Grok, aiming to improve training data for credit markets. The team, led by Diego Pasini, targets enhancing AI programming capabilities and business customer development, currently facing competitive pressure.