Key Points
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023..
Dec 5 (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...
The company has raised $134.7 million in equity financing from a total offering amount of $1 billion, the filing with the Securities and Exchange Commission showed...
Fundraising for AI remains a bright spot for startups this year, following OpenAI's launch of popular chatbot ChatGPT last year and raising of $10 billion from its strategic backer Microsoft Corp (MSFT.O)..
The billionaire, who has criticized Big Tech's AI efforts as ridden with censorship, in July launched xAI, calling it a "maximum truth-seeking AI" to rival Google's (GOOGL.O) Bard and Microsoft's Bing AI...
You might be interested in
Musk denies report his AI company secures $500 million toward $1 billion funding goal
20, Jan, 24Elon Musk has denied reports that his artificial intelligence (AI) business, xAI, had received $500 million in investor commitments toward a $1 billio
Musk dethroned from Forbes' annual billionaires' list top spot, now second-richest in world
05, Apr, 23Elon Musk is no longer at the top of Forbes’ annual “World’s Billionaire’s List”. The top position has now been awarded to Bernard Arnault, the chairman of French luxury goods giant LVMH.
Elon Musk launches artificial intelligence firm xAI
13, Jul, 23The startup will be led by Musk, the CEO of Tesla and owner of Twitter, who has said on several occasions that the development of AI should be paused and that the sector needs regulation.
Elon Musk's xAI to launch first AI model to select group tomorrow, says ‘best that currently exists’
03, Nov, 23The following development by Musk is arriving almost a year after OpenAI's ChatGPT caught the imagination of businesses and users globally, as the adoption of generative AI technology surged.