Artificial intelligence
from24/7 Wall St.
1 day agoCould A Grok Disaster Threaten The SpaceX Valuation?
Grok usage and xAI performance appear to be declining, which could reduce SpaceX valuation despite server capacity arrangements with Anthropic.
When Google launched its Gemini 2.5 Flash model - better known by its more fun codename Nano Banana - in August, it became a viral hit. Because of its ability to edit images using AI for free (or at a low cost if you're using it through the API), we wondered if it might spell bad news for Adobe, which sells competing image software. Data provided to Business Insider by Appfigures, an analytics company, reveals that as downloads of Gemini skyrocketed around the time of Nano Banana's release, downloads of Firefly, Adobe's generative AI image and video app, began to slump.