{"id":1739,"date":"2023-12-06T09:36:06","date_gmt":"2023-12-06T01:36:06","guid":{"rendered":"https:\/\/www.1ai.net\/?p=1739"},"modified":"2023-12-06T09:36:06","modified_gmt":"2023-12-06T01:36:06","slug":"%e9%a9%ac%e6%96%af%e5%85%8b%e7%9a%84%e4%ba%ba%e5%b7%a5%e6%99%ba%e8%83%bd%e5%88%9d%e5%88%9b%e5%85%ac%e5%8f%b8-xai-%e6%ad%a3%e5%9c%a8%e5%af%bb%e6%b1%82%e9%ab%98%e8%be%be-10-%e4%ba%bf%e7%be%8e%e5%85%83","status":"publish","type":"post","link":"https:\/\/www.1ai.net\/en\/1739.html","title":{"rendered":"Musk&#039;s artificial intelligence startup xAI is seeking up to $1 billion in investment"},"content":{"rendered":"<p><a href=\"https:\/\/www.1ai.net\/en\/1106.html\/\"><strong>X.AI<\/strong><\/a>, a company founded by Elon<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e9%a9%ac%e6%96%af%e5%85%8b\" title=\"[View articles tagged with [Musk]]\" target=\"_blank\" >Musk<\/a>Founded<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e4%ba%ba%e5%b7%a5%e6%99%ba%e8%83%bd%e5%88%9d%e5%88%9b%e5%85%ac%e5%8f%b8\" title=\"[Sees articles with labels on Artificial Intelligence Initiative]\" target=\"_blank\" >Artificial Intelligence Startups<\/a>, has filed documents with the U.S. Securities and Exchange Commission (SEC)<strong>Plans to raise up to $1 billion in an equity offering<\/strong>.<\/p>\n<p class=\"article-content__img\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1740\" title=\"202311060918189951_0\" src=\"https:\/\/www.1ai.net\/wp-content\/uploads\/2023\/12\/202311060918189951_0.jpg\" alt=\"202311060918189951_0\" width=\"859\" height=\"529\" \/><\/p>\n<p>According to the documentation,<strong>The company has raised nearly $135 million from four investors.<span class=\"spamTxt\">first<\/span>The sale took place on November 29<\/strong>, and already has a &quot;binding and enforceable agreement&quot; to purchase the remaining shares.<\/p>\n<p><strong>The AI startup, announced by Musk in July, aims to &quot;understand the true nature of the universe.&quot;<\/strong>, its website states. Last month, X.AI released a chatbot called Grok, which the company claims is modeled after The Hitchhiker&#039;s Guide to the Galaxy. The Grok chatbot was trained for two months and, the company claims, has real-time internet knowledge.<\/p>\n<p>\u201cGrok is designed to answer questions with a bit of humor and a bit of a rebellious streak, so if you hate humor, don\u2019t use it!\u201d X.AI writes on its website. \u201cIt will also answer tough questions that most other AI systems reject,\u201d the company adds.<\/p>\n<p><strong>With Grok, X.AI aims to compete directly with companies including ChatGPT creator OpenAI<\/strong>Musk helped found OpenAI but left the project in 2018 amid clashes with co-founder Sam Altman. It will also compete with Google\u2019s Bard technology and Anthropic\u2019s Claude chatbot.<\/p>\n<p>Earlier this year, Musk reportedly acquired thousands of high-performance graphics processing units (GPUs) from Nvidia, chips that are essential for building large language models.<\/p>\n<p>X.AI is one of many companies owned or led by Musk. In addition to controlling X (and formerly Twitter, which he bought last year), Musk is CEO of Tesla and SpaceX. He also runs underground tunnel developer The Boring Company and brain-tech startup Neuralink.<\/p>\n<p>last month,<strong>Musk said that investors in X (formerly Twitter) will own shares in X.AI 25%<\/strong>.<\/p>\n<p>&quot;We are a separate company from X Corp, but will work closely with X (Twitter), Tesla, and others to achieve our mission,&quot; X.AI says on its website.<\/p>\n<p>Those working at X.AI include former employees of DeepMind, OpenAI, Google Research, Microsoft Research, Twitter, and Tesla.<strong>According to their LinkedIn profile, they have worked on projects such as DeepMind&#039;s AlphaCode and OpenAI&#039;s GPT-3.5 and GPT-4 chatbots.<\/strong>.<\/p>\n<p>Musk founded X.AI in Nevada in March, according to documents.<\/p>\n<p>During Tesla\u2019s earnings call in July, Musk told analysts that X.AI could potentially compete with Tesla\u2019s business, saying:<strong>There are some in the world<span class=\"spamTxt\">Optimal<\/span>I was looking for talented AI engineers and scientists who wanted to join a startup, but they didn\u2019t want to join a relatively mature company like Tesla. So I thought, well, it would be better for them to join a startup I run than to work somewhere else. That was the origin of X.AI.<\/strong>.<\/p>\n<p>Regarding X.AI\u2019s financing,<span class=\"spamTxt\">first<\/span>The sale of the stake coincides with Musk\u2019s appearance at the 2023 DealBook Summit, where he told advertisers who had paused their campaigns on X to \u201cf**k off.\u201d Dozens of advertisers stopped spending on X after Musk tweeted and amplified anti-Semitic comments.<\/p>","protected":false},"excerpt":{"rendered":"<p>X.AI, an artificial intelligence startup founded by Elon Musk, has filed paperwork with the U.S. Securities and Exchange Commission (SEC) with plans to raise up to $1 billion through an equity offering. According to the filing, the company has already raised nearly $135 million from four investors, with the first sale occurring on Nov. 29 and a \"binding and enforceable agreement\" in place to purchase the remaining shares. The AI startup, which Musk announced in July, aims to \"understand the true nature of the universe,\" its website says. Last month, X.AI released a chatbot called Grok, which the company claims was modeled after the Hitchhiker's Guide to the Galaxy. the Grok chatbot has been<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[356,204,426,355],"collection":[],"class_list":["post-1739","post","type-post","status-publish","format-standard","hentry","category-news","tag-xai","tag-204","tag-426","tag-355"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/1739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/comments?post=1739"}],"version-history":[{"count":0,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/1739\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/media?parent=1739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/categories?post=1739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/tags?post=1739"},{"taxonomy":"collection","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/collection?post=1739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}