Elon Musk is seeking to raise $1 billion for his AI company xAI
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Elon Musk has secured $135 million from four undisclosed investors
Elon Musk is seeking to raise $1 billion for his AI company, xAI, which is currently developing Grok, an AI system designed to compete with platforms like OpenAI's ChatGPT and Google's Bard. Musk has already secured $135 million from four undisclosed investors as of November 29, leaving him with approximately $865 million to reach his funding goal. Grok aims to stand out by answering unconventional and "spicy" questions and plans to provide real-time updates from X, but it faces the challenge of distinguishing between genuine information and misinformation. Despite Musk's co-founding role at OpenAI and recent criticisms of the organization, he is determined to secure the necessary funding for his new venture.