Hanno Labuschagne

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Sep 2, 2019
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xAI wants to raise $1 billion

Elon Musk’s artificial intelligence company xAI is seeking to raise $1 billion (R18.95 billion) in funding from equity investors, according to a new filing.

Musk has already raised nearly $135 million (R2.56 billion), according to a document filed Tuesday with the Securities and Exchange Commission, which doesn’t include the names of investors.

[Bloomberg]
 
The same Elon Musk that wants to escape to Mars to get away from the looming AI 'threat'?
 
Very helpful! Thanks! :rolleyes: :rolleyes: :unsure:
027356c0ed6fc47b1eb926ddde086d07-mozambique.jpg
 
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