Svmuu News According to monitoring by 1M AI NEWS, xAI has successively posted 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 focus covers financial modeling, leveraged loan underwriting, distressed debt investment, as well as niche categories such as MBS (Mortgage-Backed Securities) and CLO (Collateralized Loan Obligations), with additional directions in cryptocurrency and stock markets. xAI will particularly concentrate on expanding training data for the credit market, which is currently under pressure from factors like redemption waves in private credit funds.
xAI refers to these trainers as "AI Tutors," responsible for inputting data into Grok and adjusting its responses. The team is led by Diego Pasini, a young man who joined the company shortly after high school and has now been working at xAI for over a year. Pasini stated at an employee meeting last month that "training data is a major bottleneck," and Grok currently heavily relies on data from Musk's social platform X.
Musk admitted at a recent conference that xAI lags behind competitors in programming capabilities, which has been a primary revenue source for OpenAI and Anthropic to date. Last week, xAI poached two executives from the AI programming tool Cursor, which is currently seeking a new round of funding at a $50 billion valuation. Both OpenAI and Anthropic have released tools for financial professionals, focusing on scenarios such as market analysis and investment memo generation. xAI is widely perceived as lagging behind competitors in expanding its commercial client base, with its revenue so far primarily coming from collaborations with Musk's Tesla and SpaceX.