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(Reuters) -Elon Musk's xAI is discussing to raise $10 billion that could value the artificial intelligence startup at about $75 billion, Bloomberg News reported on Friday, citing a person familiar ...
X.AI Corp., [4] [5] doing business as xAI, is an American startup company working in the area of artificial intelligence (AI). Founded by Elon Musk in March 2023, its stated goal is "to understand the true nature of the universe".
(Reuters) -Elon Musk's artificial intelligence startup xAI has filed with the U.S. securities regulator to raise up to $1 billion in an equity offering, according to a filing on Tuesday.
A group of investors led by Elon Musk is offering about $97.4 billion to buy the nonprofit behind OpenAI, escalating a dispute with the artificial intelligence company that Musk helped found a ...
On March 9, 2023, Musk registered X Corp. in Nevada.On the same day, Musk registered the artificial intelligence (AI) company X.AI Corp. [21] Later that month, Musk applied to merge X Holdings with X Holdings Corp. and Twitter, Inc. with X Corp. [12] In the filing, Musk revealed that X Holdings Corp. had $2 million in capital, but X Holdings Corp. would serve as the parent company for X Corp ...
Mr Musk’s new venture also comes as companies including Google, Microsoft, OpenAI and even smaller firms and competitors in other countries like China continue to invest heavily in AI technology.