Two people, with the knowledge of discussions, said that the excellent company Elon Musk, Xai, is holding new financing collections that could estimate up to $ 120 billion, up from $ 80 billion more than a month ago.
People, who spoke on condition of anonymity, said that the talks are in the early stages, and the Xai evaluation may rise or decrease with the progress of the conversations. Investors discussed a $ 20 billion in the company, although this number could also change.
The conversations are following great efforts to raise money by Openai, San Francisso that makes Chatgpt, which said in March has closed a funding round of that It is estimated at $ 300 billion. Openai launched an artificial intelligence boom in late 2022 with a ChatGPT version, which led to an increase in financing for other artificial intelligence companies, including Xai.
Now xi is intertwined with X, Mr. Musk’s Social media company. In March, he said he sold x to Xai. A deal for all inventory Xai value Mr. Musk said that at 80 billion dollars and x at 33 billion dollars. The previous evaluation of Xai, from a money raising tour in December, was about $ 40 billion.
Grok, The Chatbot, which was made by Xai, was trained on the data published by X Users and is available on X. bankers for X. He told investors this year that some of the social media company revenues came from Xai.
The enthusiasm was cooled among investors of artificial intelligence companies at the end of last year, as many prominent startups were mainly folded in technology giants such as Google and Amazon. But Xai and Openai are among the few who continue to search for billions of billions in financing to build leading artificial intelligence technologies.
Mr. Musk did not respond to the request to comment on Xai. Details of the conversations were reported earlier Bloomberg.
(New York Times prosecution Openai and its partner, Microsoft, in order to violate copyright for news content related to artificial intelligence systems.)
Mr. Musk helped find Openai in 2015, along with businessman Sam Al -Tamman and others. He separated from ways with the organization about two years later, after a dispute over its direction. At that time, Openai was organized as a non -profit organization.
After Mr. Musk Openai, Mr. Altman turned him into a profitable process so that he could raise the huge amounts of money needed to build artificial intelligence technologies. These technologies learn skills by analyzing huge amounts of digital data, which can require hundreds of millions of dollars in computing power.
After Chatgpt in 2022, Mr. Musk XAI was created for a similar technology. Almost at the same time, Mr. Musk made a lawsuit against Openai, on the pretext that Openai and two of its founders, Mr. Altman and Greg Brookman, violated the company’s constituent contract by placing commercial interests before the public good. Mr. Musk dropped the lawsuit months before Reviving in the Federal Court in August.
