Will Elon Musk start an AI company?

Elon Musk has created a new company dedicated to artificial intelligence called X.AI, The Wall Street Journal reports. Rumors about Musk starting an AI company have been floating around for days.

Does Elon Musk have a company dedicated to artificial intelligence?

Elon Musk has created a new company dedicated to artificial intelligence — and it’s called X.AI, as first reported by The Wall Street Journal. The company, which a Nevada filing indicates was incorporated last month, currently has Musk as its director and Jared Birchall, the director of Musk’s family office, listed as its secretary.

How much is Elon Musk's Xai IPO worth?

Elon Musk's artificial intelligence startup X.AI Corp. is poised to conclude its funding round this week with a valuation of roughly $18 billion. According to a Bloomberg report, the exact size of the funding round remains undetermined. The investment, intended to raise $6 billion, reportedly draws interest from investors like Sequoia Capital.