X.AI Corp, the artificial intelligence company owned by Elon Musk, has raised around $135 million in funding, according to a document filed with the U.S. Securities and Exchange Commission Tuesday.
According to the Form D filing, the company intends to raise a total of $1 billion and has thus far raised $135 million with the first sales occurring on November 29.
X.AI is a separate company from X Corp., the social media site formerly known as Twitter. However, premium subscribers to X can have access to features developed by X.AI, like its chatbot, Grok, which aims to be a more humorous, less politically correct version of ChatGPT.
The only two listed executives of X.AI on the filing are Elon Musk and Jared Birchall, who is the head of Musk's family office. The company has also managed to attract some notable AI researchers like Igor Babuschkin, a veteran of both Google Deepmind and OpenAI who was arrested for domestic violence earlier this year at his Palo Alto home.
When asked for comment, X's press email returned an automated reply that it is busy.
X.AI was originally incorporated in Nevada and has an office in New York City. Its SEC filing listed an address and telephone number in Burlingame for the law office of Carr McClellan.
