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Coverage dated December 4, 2023 to December 5, 2023

Elon Musk’s AI Startup Seeks to Raise $1 Billion

Headline from Wall Street Journal

The billionaire’s company, xAI, has built a bot to compete with ChatGPT.

Wall Street Journal's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Read the reports

Reports & sources

11 articles, oldest first.

  1. Insider

    Elon Musk heats up the AI wars. He's seeking $1 billion for xAI. (opens Insider)

    Published

    Insider's feed description

    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.

  2. Fortune

    Elon Musk seeks to raise $1 billion for xAI, the ‘rebellious’ competitor to OpenAI (opens Fortune)

    Published

    Fortune's feed description

    Musk split with OpenAI years ago and has since become a frequent critic of the company.

  3. NBC 5 Dallas-Fort Worth

    Elon Musk's AI startup — X.AI — files to raise $1 billion in fresh capital (opens NBC 5 Dallas-Fort Worth)

    Published

    NBC 5 Dallas-Fort Worth's feed description

    X.AI, an artificial intelligence startup founded by Elon Musk, has filed with the SEC to raise up to $1 billion in an equity offering

  4. New York Post

    Elon Musk looks to raise $1B for artificial intelligence startup xAI: filing (opens New York Post)

    Published

    New York Post's feed description

    Musk is raising the money at a valuation that will likely be between $4 billion and $10 billion, a private placement source told The Post.

  5. Forbes

    Elon Musk’s XAI Startup Seeking To Raise $1 Billion (opens Forbes)

    Published

    Forbes's feed description

    The startup founded as a competitor to OpenAI has already attracted over $134 million from investors.

  6. CNN

    Elon Musk seeking to raise $1 billion for his xAI firm (opens CNN)

    Published

    CNN's feed description

    Elon Musk is seeking to raise $1 billion for his artificial intelligence company xAI.

  7. FOX Business

    Elon Musk's AI start-up xAI looks to raise $1 billion, filing shows (opens FOX Business)

    Published

    FOX Business's feed description

    Elon Musk's artificial intelligence start-up xAI is seeking to raise as much as $1 billion, a Securities and Exchange Commission filing from this week shows.

  8. Wall Street Journal

    Elon Musk’s AI Startup Seeks to Raise $1 Billion (opens Wall Street Journal)

    Published

    Wall Street Journal's feed description

    The billionaire’s company, xAI, has built a bot to compete with ChatGPT.

  9. The Guardian

    Elon Musk’s AI startup seeks to raise $1bn in equity (opens The Guardian)

    Published

    The Guardian's feed description

    Billionaire wants xAI to keep pace with rivals including OpenAI, Microsoft and Google

  10. New York Post

    Elon Musk denies that xAI is raising funds ‘right now’ — despite SEC filing (opens New York Post)

    Published

    New York Post's feed description

    The company has raised $134.7 million in equity financing from a total offering amount of $1 billion, the filing with the Securities and Exchange Commission showed.

  11. Washington Times

    Musk seeks $1 billion for his xAI startup (opens Washington Times)

    Published

    Washington Times's feed description

    The world’s richest man needs more money.