Elon Musk is looking to raise $1 billion for xAI

Elon Musk is looking to raise 1/44 of a Twitter for his AI company, xAI. In other words, the man behind Tesla, SpaceX and X is seeking $1 billion in funding for his next venture.
According to an SEC filing, Musk has raised about $135 million so far from four unnamed investors, with the first sale occurring on November 29. That means he still has about $865 million to go to meet his $1 billion goal.
So far, xAI is working on Grok, which is Musk’s answer to OpenAI’s ChatGPT, Google’s Bard or Anthropic’s Claude. Per its website, Grok will have a “ …