🚀 Musk's X.AI Seeks $1B: Chatbot Grok Takes on AI Giants!

– Elon Musk's X.AI seeks $1 billion in equity offering.

– Already raised $135 million from four investors.

– First sale occurred on Nov. 29, with binding agreement for the rest.

– X.AI aims to "understand the true nature of the universe."

– Recently launched chatbot Grok, modeled after "The Hitchhiker’s Guide."

– Grok has real-time internet knowledge and a witty, rebellious nature.

– X.AI aims to compete with OpenAI's ChatGPT, Google's Bard, and more.

– Musk secured high-powered GPUs for building large language models.

– X.AI is one of Musk's many ventures, alongside Tesla, SpaceX, and more.

– Investors in X (formerly Twitter) will own 25% of X.AI.