{"id":12521,"date":"2023-12-06T08:37:44","date_gmt":"2023-12-06T07:37:44","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/12\/06\/elon-musks-ai-startup-seeks-to-raise-1bn-in-equity\/"},"modified":"2023-12-06T08:37:44","modified_gmt":"2023-12-06T07:37:44","slug":"elon-musks-ai-startup-seeks-to-raise-1bn-in-equity","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/12\/06\/elon-musks-ai-startup-seeks-to-raise-1bn-in-equity\/","title":{"rendered":"Elon Musk\u2019s AI startup seeks to raise $1bn in equity"},"content":{"rendered":"<p>Billionaire wants xAI to keep pace with rivals including OpenAI, Microsoft and Google<\/p>\n<p>Elon Musk\u2019s artificial intelligence <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/jul\/13\/elon-musk-launches-xai-startup-pro-humanity-terminator-future\">startup xAI <\/a>is looking to raise $1bn (\u00a30.8bn) as the world\u2019s richest man looks to keep pace with rivals including OpenAI, Microsoft and Google in the race to dominate the field.<\/p>\n<p>The company has already raised $135m from investors and is seeking a total of $1bn in equity financing according to a filing with the US Securities and Exchange Commission.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/dec\/06\/elon-musk-xai-startup-seeks-to-raise-1bn-in-equity\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/b0bd4a79f108b7753f92176e6ab516a6bc3fd058\/75_173_4579_2749\/master\/4579.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=2af653a4b83ed6430fdbf67fbed677d0\" title=\"Elon Musk\u2019s AI startup seeks to raise $1bn in equity\" \/>Billionaire wants xAI to keep pace with rivals including OpenAI, Microsoft and Google<br \/>\nElon Musk\u2019s artificial intelligence startup xAI is looking to raise $1bn (\u00a30.8bn) as the world\u2019s richest man looks to keep pace with rivals including OpenAI, Microsoft and Google in the race to dominate the field.<br \/>\nThe company has already raised $135m from investors and is seeking a total of $1bn in equity financing according to a filing with the US Securities and Exchange Commission. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire wants xAI to keep pace with rivals including OpenAI, Microsoft and Google Elon Musk\u2019s artificial intelligence startup xAI is looking to raise $1bn (\u00a30.8bn) as the world\u2019s richest man looks to keep pace with rivals including OpenAI, Microsoft and Google in the race to dominate the field. The company has already raised $135m from &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/12\/06\/elon-musks-ai-startup-seeks-to-raise-1bn-in-equity\/\"> <span class=\"screen-reader-text\">Elon Musk\u2019s AI startup seeks to raise $1bn in equity<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":12522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12521"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=12521"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/12522"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=12521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=12521"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=12521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}