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Most Read: Elon Musk xAI Slates Post July 4 Release for Grok 4; Meta Launches Superintelligence Labs in Major AI Restructuring

AI Business
Jul 3, 2025 14:29
Berenice Baker
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Summary

Elon Musk’s xAI plans to release its advanced Grok 4 model shortly after July 4, while Meta is restructuring its AI efforts by launching Superintelligence Labs to accelerate progress. Meanwhile, Baidu has introduced new large language models to compete in the global AI market, and McKinsey estimates AI could drive up to $560 billion in annual innovation, highlighting rapid growth and competition in the field.

Also inside, Baidu launches new large language models, challenges AI market; AI accelerating innovation up to $560B annually: McKinsey
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