Elon Musk’s xAI Startup Seeks to Raise $1 Billion in Equity
- Musk has already raised $135 million, according to a filing
- xAI has debuted one product so far, a chat bot called Grok
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Elon Musk’s artificial intelligence company xAI is seeking to raise $1 billion in funding from equity investors, according to a new filing.
Musk has already raised nearly $135 million, according to a document filed Tuesday with the Securities and Exchange Commission, which doesn’t include the names of investors. Axios earlier reported on the filing.