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Grok 4.1 debuts as Elon’s xAI says it cuts hallucinations 3× compared to prior models

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Top stories today:

  1. Grok 4.1 debuts as Elon’s xAI says it cuts hallucinations 3×
  2. Google’s Gemini 3.0 may debut today with 92% launch odds priced in
  3. Databricks said to pursue funding at $130B+ valuation
  4. Ramp hits $32B valuation in Lightspeed-led $300M round
  5. Amazon raises $15B in first U.S. bond sale in 3 years
  6. Bitcoin briefly drops <$90K for first time in seven months

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

No major events today.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. Grok 4.1 debuts as Elon’s xAI says it cuts hallucinations 3× compared to prior models

  • Available to all users on Grok.com, X, and Grok’s iOS and Android apps.

  • Rolling out in Auto mode and can also be selected through Grok’s model picker.

Grok 4.1 Thinking has topped LMArena’s text leaderboard, by a small margin

Grok 4.1 shows similar bio/chem and cybersecurity risk profiles to other frontier models and remains well below human expert capability, xAI said

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3. Google’s Gemini 3.0 likely to debut today with 92% launch odds priced in

4. Databricks said to pursue funding at $130B+ valuation

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