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The source code of Grok 4 has been leaked, and the countdown to its launch has begun. Elon Musk's xAI is now valued at over $113 billion. The landscape of large language models is about to change.

新智元2025-07-03 10:53
xAI has raised billions in financing and has a valuation of 113 billion yuan. Grok 4 is about to be launched to challenge OpenAI, etc.

On July 2nd, xAI secured another $10 billion in financing, and its valuation soared to $113 billion. Meanwhile, the source code has leaked from the xAI console, and Grok 4 and Grok 4 Code are about to be launched! Now, the entire internet is eagerly awaiting. How will the birth of Grok 4 stir up the current landscape of top large models?

Breaking news: Grok 4 is about to be launched!

Meanwhile, xAI has once again received $10 billion in financing, and its valuation has skyrocketed to $113 billion. Elon Musk's AI empire is expanding at an alarming scale once again.

Yesterday, two brand - new models, Grok 4 and Grok 4 Code, were discovered in the source code of the xAI console.

Among them, partial access to Grok 4 has been enabled and can be accessed via API. Currently, Grok 4 supports text modality, as well as functions such as visual and image generation, and other features will be launched soon.

Grok 4 (grok - 4 - 0629) is a larger and more intelligent Thinking model. The official claims that this is their latest and most powerful flagship model, with unparalleled performance in natural language, mathematics, and reasoning, making it the best choice for users.

Grok 4 Code (grok - 4 - code - 0629) is specifically designed for programming. You can ask it code - related questions, or even embed it directly into your code editor, and use it with a single click on Cursor.

In short, Grok 4 is not far away.

Is the incredibly intelligent Grok 4 really coming?

According to the message previously posted by Elon Musk on X, Grok 4 is planned to be released after July 4th.

According to xAI engineer Tim Li, the intelligence of this new model is "unparalleled".

Originally, this model was called Grok 3.5, but now it has been directly upgraded to Grok 4.

What makes Grok 4 different from other models?

Elon Musk revealed some details in a previous interview.

Grok 3.5 is trying to reason from first principles, that is, applying the methods of physics to the thinking process.

According to him, if you want to approach the most fundamental truth, you need to simplify the problem to the most likely correct basic elements (axioms), then reason upwards from these elements, and finally test whether the conclusions drawn from the reasoning conform to these basic elements.

On lists such as the METR, which measures the ability of AI to complete long - term tasks, Grok 3 has always been far ahead.

Could this position be challenged by Grok 4?

xAI secures another $10 billion in financing

And just today, xAI has once again received $10 billion in financing.

Among them, debt financing accounts for $5 billion (specifically, through secured notes and term loans), and equity financing accounts for $5 billion.

The combination of the two forms a "equity + debt" strategy, which not only significantly reduces the overall cost of capital but also significantly expands the available capital pool.

The bond issuance arranged by Morgan Stanley was over - subscribed, with a group of global financial giants behind it.

The enthusiastic participation of top global debt investors also indirectly proves the high market recognition of xAI.

Morgan Stanley posted on the X platform: "We are pleased to announce the completion of a $5 billion secured note and term loan financing for xAI, a leading innovator in the AI technology field."

After this financing, xAI will have more resources, which will give it an even greater edge in building infrastructure and developing the Grok model.

The world's largest data center is almost within reach!

OpenAI and Anthropic will also have a formidable new competitor.

Just in May this year, Elon Musk's xAI built a super - computing fortress, Colossus, in Memphis, Tennessee, USA.

Inside this fortress, a total of 200,000 GPUs are installed.

Next, xAI will build a new facility with 1 million GPUs outside Memphis, which is comparable to an AI - version of Star Wars.

Therefore, Elon Musk will continue to buy chips in large quantities from semiconductor giants NVIDIA and AMD.

Since the beginning of this year, xAI has been very active.

After releasing Grok 3 in February, Elon Musk has been trying to integrate Grok with X to increase its usage rate.

In March, he naturally had xAI acquire X. In that deal, X was valued at $33 billion, and xAI was valued at $80 billion.

The valuation of the merged new company soared directly to $113 billion.

After the acquisition, we often see Grok in the comment section of X. The unique ecosystem and data of X have indeed become a major highlight of the Grok model.

In December last year, xAI completed a $6 billion Series A financing at a valuation of $50 billion.

The investment lineup at that time was very impressive, including top - tier investment giants such as a16z, BlackRock, AMD, and QIA.

After this new round of financing, xAI's cumulative financing has reached approximately $17 billion, catching up with OpenAI and Anthropic.

In short, now Elon Musk is the "boss of an AI company + boss of a social platform + a crazy chip purchaser". He is integrating X with Grok on one hand and directly connecting AI to users on the other, creating a closed - loop universe.

The new AI power struggle: Musk, Altman, Dario

If Elon Musk's xAI represents "another possibility for AI", then the conflict between him and his old rival Altman could be made into a Silicon Valley power - struggle drama.

Elon Musk has always insisted that OpenAI has deviated from its original intention. The non - profit ideal of "benefiting humanity" has now been swallowed up by the instinct for fame and profit.

Even, he launched a coup in February this year, joining a group of investors to offer $97.4 billion in an attempt to acquire control of OpenAI.

Of course, Altman simply ignored him and directly refused.

In March this year, OpenAI completed a $40 billion financing, and its valuation soared directly to $300 billion.

And don't forget, there is another person who has been very prominent in the AI field recently - Dario Amodei, the CEO of Anthropic.

Their valuation has also been rising rapidly recently.

After the financing in March, Anthropic's valuation reached $61.5 billion, and then in May, it obtained a $2.5 billion five - year revolving credit line.

One word to summarize the situation in the AI circle this summer is "burn"!

Burning money, burning chips, burning computing power, and all companies are desperately competing for talent. It's like a fierce battle.

In this AI competition for computing power, valuation, and influence, Elon Musk's xAI is approaching the throne in an unconventional way.

So, can Grok support Musk's ambition?

Reference materials

https://x.com/AiBattle_/status/1940139539525419512

https://www.cnbc.com/2025/07/01/elon-musk-xai-raises-10-billion-in-debt-and-equity.html

This article is from the WeChat official account "New Intelligence Yuan", author: Aeneas Beaver. Republished by 36Kr with permission.