xAI close to $6-billion funding deal
Elon Musk’s artificial intelligence startup X.AI Corp. is nearing a deal to raise $6 billion (R114.1 billion) in a funding round that would value the company at $18 billion, according to a person familiar with the matter.
Sequoia Capital will participate in...
Elon Musk plans to build ChatGPT rival
Elon Musk wants to create a rival to artificial intelligence phenom ChatGPT.
In an interview with Tucker Carlson on Monday, Musk confirmed that he has plans to create a “third option” in the AI race between Microsoft Corp.-backed OpenAI and Alphabet...
Elon Musk founds potential new AI startup
Elon Musk has incorporated an entity called X.AI in the state of Nevada, potentially laying the groundwork for a startup that could pursue his artificial intelligence ambitions.
Musk and Jared Birchall, who operates Musk’s family office, incorporated...