Musk raising $1B

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Elon Musk's AI startup, X.AI, is boldly stepping into the future, seeking a colossal $1 billion through an SEC-filed equity offering. Having already raised $135 million, X.AI revealed in July X.AI is on a (self-proclaimed) mission to unravel the universe's mysteries. The company stands out with its chatbot Grok, a witty AI with internet knowledge, challenging giants like OpenAI’s ChatGPT and Google's Bard. Under Musk's diverse tech umbrella, Grok is Musk’s attempt to reshape the AI landscape, marking a significant stride in Musk's technological endeavours.

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