Elon Musk Seeks $1 Billion Funding for xAI Project

Elon Musk seeks $1 billion for xAI, his new AI company, already raising $135 million from four investors according to an SEC filing. Musk’s xAI is working on Grok, an AI bot that plans to update with real-time knowledge posted on X. Musk’s past involvement with OpenAI, and his recent criticisms of the company, may impact potential investors’ decisions regarding xAI’s funding.