"Kroiss led pretraining, which helps train the company's AI models on large datasets, and reported directly to Musk. He also worked on improving xAI's coding models alongside Zhang, who left earlier in March."
"Musk said on X that 'xAI was not built right first time around, so is being rebuilt from the foundations up.' He has also said that the company is resifting through old xAI candidates to bring in new people."
"The company is expected to file an initial public offering this year, which could value it at $1.5 trillion."
Manuel Kroiss, a cofounder of XAI, is leaving the company, making him the tenth cofounder to depart since its inception in 2023. Kroiss was instrumental in pretraining AI models and reported directly to Elon Musk. The company has experienced significant organizational changes, with Musk managing more direct reports and hiring from Tesla and SpaceX. XAI is undergoing a rebuild, as Musk stated it was not initially constructed correctly. The company plans to file for an IPO this year, potentially valuing it at $1.5 trillion.
Read at www.businessinsider.com
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