Image Credit: Wall Street Journal
Jan 23, 2024
By: Bhumi Shrivastava
Image Credit: Futurism
Ongoing discussions place xAI's value between $15-20B, with potential adjustments ahead.
Image Credit: New Scientist
Musk and investors aim to finalize terms, considering computing power alongside xAI equity.
Image Credit: Rolling Stone
X investors urged to invest 25% in xAI, following Musk's November 2023 statement.
Image Credit: Britannica
Launched in 2023 as an OpenAI alternative, xAI, led by Musk, uses social media-powered chatbot Grok.
Image Credit: CNBC
xAI seals $865.3M private sale for unregistered equity, per December 5, 2023 SEC filing.
Image Credit: Tech.co
Form D filing reveals $134.7M sold to accredited investors by Nov. 29, 2023, with resale restrictions under Rule 506(b).
Image Credit: AI World Today