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Elon Musk’s xAI company is seeking up to $1 billion in investments
Dec. 5, 2023, 8:56 p.m. | Emma Roth
The Verge - All Posts www.theverge.com
xAI — the AI company founded by Elon Musk — seeks to raise up to $1 billion in equity investments, according to a filing with the Securities and Exchange Commission (as spotted by CoinDesk). The company has raised $134.7 million so far.
Founded in April, xAI is Musk’s attempt at jumping on the AI hype train. The company’s purpose is to “understand the true nature of the universe,” …
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