Elon Musk’s artificial intelligence start-up xAI is looking to raise $1 billion from investors in an equity offering, according to a filing with the Securities and Exchange Commission.
Musk, known for his pioneering work with Tesla, SpaceX, and other groundbreaking ventures, is seeking to raise a substantial $1 billion in funding for xAI. The Funding Endeavor As disclosed in a ...
OpenAI co-founder Ilya Sutskever’s startup, has raised $1 billion from investors to expand its business, including building ...
According to the report, the company is hoping to raise money by talking to ... denied a Bloomberg report that stated xAI had raised half of a $1 billion round of funding last week.
So far, Musk has launched a separate company called xAI, which is looking to raise $1 billion from investors, and has pocketed almost $135 million from four investors, as of December. As far as ...
Sutskever, 37, is one of the most influential technologists in AI. He co-founded SSI in June with Gross, who previously led AI initiatives at Apple, ...
Musk bought X with a combination of his own money, bank loans and capital raised from friends and associates. Here’s how far ...
Netflix is raising $1.8 billion in a new debt offering. The offering comes with an improved investment grade status and while spending ramps up on new content. Streaming giant Netflix Inc NFLX is ...
The company wants to raise as much as $6 billion at a proposed ... after Bloomberg reported that xAI had secured $500 million in funding toward a goal of $1 billion. Bloomberg said the company ...
Shares of the New York-based company plummeted 19%. JetBlue intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan ...
Merck MRK2.39%increase; green up pointing triangle & Co.has struck a deal worth up to $1.3 billion to buy an investigational drug targeting B-cell associated diseases. Merck on Friday said it will ...
Shares of the New York-based company plummeted 19%. JetBlue intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan ...