X.AI, Elon Musk’s AI Play, Files for $1 Billion Equity Offering

One month after releasing its Grok AI chatbot on Twitter, Elon Musk-backed AI startup X.AI has notified the Securities and Exchange Commission that it plans to raise up to $1 billion in equity.

This is a developing story and will be updated as new information becomes available.

Stay on top of crypto news, get daily updates in your inbox.

Source: https://decrypt.co/208687/1-billion-x-ai-elon-musk-security-offering-sec-filing