Monday 17 April 2023

Elon Musk launches AI company in Nevada, state business filings show

LAS VEGAS (KLAS) -- Elon Musk has launched what appears to be an artificial intelligence company in Nevada, according to a business filing with the Secretary of State.

A.XI Corp. was incorporated in the state on March 9, according to a search of filings at the Nevada Secretary of State website.

The filing lists Musk as the director and Jared Birchall, considered by many business analysts to be Musk's right-hand man, as secretary.

The filing says X.AI Corp. has authorized the sale of 100 million shares for the privately held company.

A report in the Financial Times says Musk has been hiring engineers and talking with investors of Tesla and Space X to launch an AI startup that would rival Open AI.



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