Showing posts with label state business filings show. Show all posts
Showing posts with label state business filings show. Show all posts

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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