OpenAI seeks new valuation

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

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.

Forbes · 2d

Elon Musk’s XAI Startup Seeking To Raise $1 Billion

Elon Musk’s AI startup xAI indicated in a regulatory filing Tuesday it is seeking to sell $1 billion in equity —after already raising over $134 million during its four months of operation.

Hindustan Times Tech · 7h

Elon Musk's AI startup xAI seeks to raise USD 1 billion funding

The filing on Tuesday by X.AI Corp (dba xAI) outlined a plan to raise USD 1 billion in an equity offering, with more than USD 134 million already successfully raised. The document revealed that the company had entered into a binding agreement for the sale and purchase of the remaining USD 865 million.

Fortune on MSN · 8h

Elon Musk’s SpaceX is now valued at $175 billion in the private market—that’s larger than any IPO valuation in history

Elon Musk’s X may be flailing, but another company owned by the billionaire is on track to reach dizzying heights. Musk is in talks to sell between $500 million and $750 million of SpaceX stock at a valuation of $175 billion or more,

The Guardian · 1d

Elon Musk’s AI startup seeks to raise $1bn in equity

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

The Independent · 1d

Elon Musk is seeking to raise $1bn for his new AI company

Multi-billionaire chief of Tesla and X Corp owner Elon Musk is raising $1bn for his new artificial intelligence company xAI, a new filing has revealed. The filing with the US Securities and Exchange Commission showed that the start-up has raised $134.

14don MSN

Some OpenAI engineers make as much as $800,000 and were key players in Sam Altman's return

OpenAI engineers are making as much as $800,000 and were key in Altman's return to the AI startup.

17don MSN

OpenAI's loss is Microsoft's gain: How the AI race just changed

After OpenAI's attempt to backtrack from their shocking move failed to gain traction over the weekend, Nadella decided ...

OpenAI Cofounder Reid Hoffman Gives Sam Altman a Vote of Confidence

LinkedIn and OpenAI cofounder Reid Hoffman says he's glad Sam Altman is leading the AI company again. Hoffman and other AI ...

17don MSN

Satya Nadella And Microsoft Are The Biggest Winners Of The OpenAI Meltdown — For Now

As OpenAI imploded, Satya Nadella appeared to pull off one of the one of the tech industry’s most remarkable acquihires — ...

17don MSN

Salesforce CEO makes 'can't-miss' offer to OpenAI workers

CEO Sam Altman, who has clashed with co-founder and former OpenAI board member Elon Musk in the past, was surprisingly ...

These Clues Hint at the True Nature of OpenAI’s Shadowy Q* Project

Reports of a mysterious breakthrough called Q* at OpenAI sparked anxious rumors. AI experts say it’s probably just a ...

U.S. News & World Report1mon

OpenAI Unveils Personalized AI Apps as It Seeks to Expand Its ChatGPT Consumer Business

SAN FRANCISCO (Reuters) -OpenAI unveiled a marketplace on Monday that enables users to access personalized artificial intelligence “apps” for tasks like teaching math or designing stickers ...

16d

OpenAI in ‘Intense Discussions’ to Unify Company, Internal Memo Reveals

Most of the OpenAI staff signed a letter saying they would quit if the board does not re-hire ex-CEO Sam Altman, who was ...

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