Elon Musk wants to raise up to $1 billion for his AI startup xAI, according to an SEC filing.
AdvertisementElon Musk is looking to raise up to $1 billion to help fund his AI startup xAI.
And this isn't Musk's first foray into AI: Years before the billionaire launched xAI, Musk actually cofounded OpenAI with Sam Altman in 2015.
But in 2018, Musk left OpenAI because his offer to run the company was rejected, he's said.
It comes as there's a lot of money sloshing around AI: OpenAI has reportedly been seeking a share sale that could value it at $90 billion.
Persons:
Elon Musk, xAI, —, Elon, ChatGPT, Bard, Meta, Grok, Twitter —, Musk, Sam Altman, he's, Altman, OpenAI, xAI didn't
Organizations:
SEC, Service, Microsoft, Google, Twitter, Securities and Exchange Commission
Locations:
—, OpenAI