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xAI was founded by Musk [7] [8] [9] in Nevada [4] on March 9, 2023, and has since been headquartered in the San Francisco Bay Area in California. [10] Igor Babuschkin, formerly associated with Google's DeepMind unit, was recruited by Musk to be Chief Engineer. [11] Musk officially announced the formation of xAI on July 12, 2023.
Investors close to Elon Musk are in talks to help xAI raise $3 billion in a funding round that could value the startup at $18 billion, sources told the Wall Street Journal.
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and conservative political figure known for his key roles in the automotive company Tesla, Inc. and the space company SpaceX. He is also known for his ownership of technology company X Corp. and his role in the founding of the Boring Company, xAI, Neuralink, and ...
The startup reflected Musk's long-voiced concerns about a future in which AI systems could present an existential risk to humanity. The idea, Musk told Carlson, is that an AI that wants to ...
(Reuters) -Elon Musk's artificial intelligence startup xAI has filed with the U.S. securities regulator to raise up to $1 billion in an equity offering, according to a filing on Tuesday.
SpaceX was founded by Elon Musk in 2002 with a vision of decreasing the costs of space launches, paving the way to a sustainable colony on Mars. In 2008, when SpaceX was almost bankrupt, Falcon 1 successfully launched into orbit after three failed launch attempts.
(Reuters) -Elon Musk's artificial intelligence startup, xAI, is seeking to raise close to $6 billion in a funding round backed by Silicon Valley heavyweights including Andreessen Horowitz, the ...
Elon Musk’s AI startup, xAI, will release a preview of its technology on Friday, the Tesla CEO has announced. In a post on his X platform early Friday morning, Musk revealed that the company ...