Elon Musk xAI is seeking $1 billion in investment for its AI company.
According to a statement from the Securities and Exchange Commission, Musk already received about $135 million in investment from four unnamed investors, and the first sale took place on November 29. That means it still needs about $865 million in investment to reach its $1 billion goal. xAI Corp. It is a company founded by Musk in July. The company Google, Microsoft, OpenAI, DeepMind, X Corp. and works for important people, including former employees of Tesla companies.
