Starting artificial intelligence Elon Muska Xai, XAI, is in interviews to increase new funding, which could appreciate it up to $ 120 billion, out of $ 80 billion a little more than a month ago, two people with knowledge about discussions.
Interviews are in the early stages and the XAI awards could rise or decrease with the procedure of interviews, people who spoke of the state of anonymity said. Investors discussed $ 20 billion, although this number could also change.
Interviews follow a lot of efforts to raise funds from Openai, Start-up San Francisco, who creates a chatgpt, which in March concluded that he had closed the round of financing, which appreciated him at $ 300 billion. Openai launched AI Boom at the end of 2022 by publishing CHATGPT and started an increase in funding for other AI companies, including XAI.
Now XAI is connected to X, Mr. Musk in social media. In March he said he sold X XAI. The All-Stock Agreement appreciated the XAI to $ 80 billion to $ 33 billion, Musk said. The previous XAI award from the December round was about $ 40 billion.
Grok, Chatbot created by XAI, is trained for data published by X -user and is available at X. Bankers Pro X said investors this year that some of the social media incomes come from XAI.
At the end of last year, the enthusiasm among investors for AI companies was cooled, as several important start -ups were basically folded into technical giants such as Google and Amazon. However, XAI and Openi are among the few that are still looking for billions of financing for building leading AI technologies.
Mr. Musk did not respond to the request for commentary to Xai. Details of the interviews have been reported earlier Bloomberg.
(The New York Times sued Openai and his partner, Microsoft, for violating copyright related to AI systems)
Mr. Musk helped to establish Openai in 2015 together with entrepreneur Sam Altman and others. Two years later, after a dispute over her direction, he said goodbye to the organization. At that time, Openi was structured as a non -profit organization.
After Mr Musk left Openi, Mr. Altman turned it into a profitable operation to increase the huge amount of money to build AI technology. These technologies learn skills by analyzing a huge amount of digital data that can require hundreds of millions of dollars for computing power.
After the release of Chatgpt in 2022, Mr. Musk Xai created a similar technology. At about the same time, Mr. Musk was sued by Openai and claimed that OpenI and two of its founders, Mr. Altman and Greg Brockman, violated the company’s founding contract by presenting commercial interests in front of the public estate. Mr. Musk dropped the suit a few months later before he revived him in August in a federal court.
