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- Elon Musk wants to raise up to $1 billion for his AI startup xAI, according to an SEC filing.
- So far, xAI has raised close to $135 million in equity financing, the filing says.
- Only investments worth at least $2 million will be accepted.
Elon Musk is looking to raise up to $1 billion to help fund his AI startup xAI.
Musk's search for new funding comes after the Tesla CEO and cofounder launched xAI over the summer. Its mission? To "advance our collective understanding of the universe," according to a statement on the company's website.