Daily Archives: December 8, 2023

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Elon Musk is looking to raise $1 billion for his artificial intelligence company xAI, and the man responsible for Tesla, X, and SpaceX is seeking this amount to finance his next project. According to a Securities and Exchange Commission filing, Musk has so far raised about $135 million from four unnamed investors, with his first sale of securities on November 29. This means that it still needs to raise about $865 million in order to achieve its $1 billion goal. xAI is currently developing the AI chatbot Grok, which is Elon Musk’s answer to OpenAI’s ChatGPT, or Google’s Bard. According to his website, Grok has a rebellious personality and answers interesting questions that other AI chatbots don’t handle. The product has only been in development for two months, and should be released in beta soon for X Premium subscribers. It is noteworthy that Elon Musk is one of the founders […]