Elon Musk’s $6 Billion Vision for xAI: Explained

Elon Musk Reportedly Seeking $6 Billion for xAI, His AI Competitor to ChatGPT

Elon Musk is said to be in the midst of a fundraising effort to secure up to $6 billion for xAI, a new AI competitor to OpenAI’s ChatGPT, according to a report from the Financial Times. However, Musk quickly denied these claims later in the day. While the exact purpose of the funds remains unclear, some experts speculate that Musk may be planning to take a “full stack” approach, controlling all aspects of an AI system from software to hardware.