Gate News reports that on March 17, xAI gradually announced multiple job openings on its official website, recruiting bankers, portfolio managers, traders, and credit analysts from Wall Street to join its data annotation team for training Grok. The recruitment areas include financial modeling, leveraged loan underwriting, distressed debt investing, as well as specialized categories such as MBS (Mortgage-Backed Securities) and CLO (Collateralized Loan Obligations), with additional focus on crypto and stock markets. xAI will particularly concentrate on expanding training data for the credit market, which is currently under pressure due to redemptions from private credit funds. The company refers to these training personnel as “AI mentors,” responsible for inputting data into Grok and adjusting its responses. The team is led by Diego Pasini, a young professional who joined the company shortly after graduating high school and has been working at xAI for over a year. Pasini stated at a staff meeting last month that “training data is a major bottleneck,” noting that Grok currently relies heavily on data from Elon Musk’s social platform X. Musk recently admitted at a conference that xAI lags behind competitors in programming capabilities, which has historically been a primary revenue source for OpenAI and Anthropic. Last week, xAI poached two executives from AI programming tool Cursor, which is currently seeking a new funding round at a valuation of $50 billion. Both OpenAI and Anthropic have released tools aimed at finance professionals, focusing on market analysis and investment memo generation. xAI is generally considered behind competitors in expanding its business client base, with its revenue mainly derived from collaborations with Musk’s Tesla and SpaceX.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Aave Core Member Marc Zeller Proposes End to ACI Frontier Project, Plans to Exit Validator Role
Marc Zeller of Aave announced his proposal to end the Aave-Chan Initiative Frontier project. He will exit his validator roles, return ETH to protect wETH depositors, and forgo potential income to minimize user impact. Zeller has significantly influenced Aave's incentive mechanisms and plans to exit Aave in July.
GateNews16m ago
RaveDAO Denies Price Manipulation, Plans Token Releases and 20% Charity Commitment
RaveDAO addressed recent inquiries about RAVE price changes, denying any team involvement in price manipulation. It underlined its focus on long-term growth in building a music ecosystem and plans to align community incentives, sell unlocked tokens strategically, and donate profits to charity.
GateNews2h ago
Aave Multisig Guardian Freezes rsETH on Lending Markets
Gate News message, according to Onchain, the Aave Multisig Guardian has frozen rsETH on lending markets. This action has been implemented across Aave's lending platforms.
GateNews7h ago
Tobu Top Tours Launches XRP Ledger-Based Prepaid Payment Platform, Targeting Japan's ¥30T Market
Tobu Top Tours has partnered with SBI Ripple Asia to launch a prepaid token payment platform on the XRP Ledger, gaining regulatory approval in Japan. Set for rollout later this year, it allows users to convert yen into blockchain tokens for various tourism services. SBI Ripple Asia also announced research to enhance Japan-South Korea cross-border payments using the XRP Ledger.
GateNews7h ago
MicroStrategy Proposes Semi-Monthly Dividends for STRC to Improve Liquidity and Stabilize Stock Price
MicroStrategy has proposed changing its STRC preferred stock dividends from monthly to semi-monthly to enhance liquidity and stabilize stock prices, maintaining an 11.5% annual yield. Concerns about this structure have been raised by Bitcoin critic Peter Schiff.
GateNews19h ago
Pi Network Launches First Smart Contract Feature on Testnet, Enabling Subscription Payments
Pi Network has launched its first Smart Contract feature on Testnet, enabling users to set up automatic subscription payments while maintaining control of their funds. This marks a shift toward ecosystem utility and lays the groundwork for potential mainnet deployment.
GateNews20h ago
