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in Tech

Elon Musk’s AI startup — X.AI — files to raise $1 billion in fresh capital

by Editor December 6, 2023, 9:03 am 2k Views

Elon Musk's AI startup — X.AI — files to raise $1 billion in fresh capital

Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City.

Slaven Vlasic | Getty Images

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.

The company has already brought in

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from four investors, with the first sale occurring on Nov. 29, and has a “binding and…

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