xAI - Eagle News

Tag: xAI

Musk’s AI startup seeks to raise $1 bn

December 6, 2023

Elon Musk is seeking to raise a billion dollars for his xAI artificial intelligence company that he hopes will compete with ChatGPT’s Open AI. An official filing to the US Securities and Exchange Commission on Tuesday said the company that Musk created earlier this year had already gathered $134.7 million and plans to raise $1 billion overall. The filing added that there was a firm agreement to raise the full funds needed to meet the […]

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Musk launches xAI to rival OpenAI, Google

July 13, 2023

WASHINGTON, July 12, 2023 (AFP) – Elon Musk on Wednesday launched his own artificial intelligence company, xAI, as he seeks to compete with OpenAI, the creator of ChatGPT — a program he accuses of being politically biased and irresponsible. The xAI website said the Tesla tycoon would run the company separately from his other companies but that the technology developed would benefit those businesses, including Twitter. “The goal of xAI is to understand the true […]

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