Elon Musk's xAI Seeks Up to $4 Billion to Compete With OpenAI
(Bloomberg) -- Elon Musk’s fledgling AI startup X.AI Corp. is looking to raise $3 billion to $4 billion in a deal that would value the company at $18 billion, according to materials sent to investors. Most Read from BloombergIsrael Bracing for Unprecedented Direct Iran Attack in DaysApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointStocks Get Hit as War Jitters Fuel Rush to Bonds: Markets WrapUS Sees Imminent Missile St