Elon Musk’s AI startup xAI indicated in a regulatory filing Tuesday it is seeking to sell $1 billion in equity —after already raising over $134 million during its four months of operation.

Elon Musk's search for new funding comes as a flood of money is rushing into AI. Want to invest? It's a minimum of $2 million.

Elon Musk is looking to raise 1/44 of a Twitter for his AI company, xAI. In other words, the man behind Tesla, SpaceX and X is seeking $1 billion in funding for his next venture. According to an SEC filing, Musk has raised about $135 million so far from four unnamed investors, with the first sale occurring on November 29.

Elon Musk’s X may be flailing, but another company owned by the billionaire is on track to reach dizzying heights. Musk is in talks to sell between $500 million and $750 million of SpaceX stock at a valuation of $175 billion or more,

The tech billionaire's xAI startup has already raised $134.7 million. Tags. Dcc; Wire; Videoelephant; Ve-news-import; Lvs; Lifestyles; Technology; Openai; Chatgpt; Xai; Grok

Grok Pot Elon Musk is looking to raise a cool billion to fund his foulmouthed new artificial intelligence chatbot, which he's building at a new venture called xAI. A new Securities and Exchange Commission filing made under the billionaire's name claims that xAI has already raised $135 million from four unnamed investors.