Elon Musk’s AI startup xAI is hiring bankers and private credit lenders to make Grok chatbot …

Elon Musk’s artificial intelligence startup xAI is now hiring bankers, traders, portfolio managers and private credit lenders in order to strengthen the financial strategy capabilities of its Grok chatbot, according to a report by Bloomberg. The job postings of the company show that it is actively building data annotation teams staffed by finance professionals who will train Grok to think through complex modelling tasks like leveraged loan syndication, distressed investing, and structured products like mortgage-backed securities and collateralised loan obligations.

xAI expanding into financial markets

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