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SpaceX has committed $2 billion to xAI, the AI startup founded by Elon Musk, according to the latest from WSJ. This indicates a further integration across Musk’s business ventures, as xAI continues ...
Elon Musk's artificial intelligence company, xAI, has received a significant financial boost with SpaceX contributing $2 ...
The billionaire entrepreneur said Tesla shareholders would vote on investing in xAI as he seeks to tap his own companies to ...
The money behind Elon Musk’s trillion-dollar empire is increasingly flowing in one direction: toward artificial intelligence.
Musk said "Tesla would have invested in xAI long ago" if it was up to him.
Tesla CEO Elon Musk said Monday that he does not support merging his electric vehicle company with his artificial intelligence (AI) firm, xAI, after the idea was floated last week by a prominent ...
Apart from the obvious potential conflicts of interest, an xAI investment carries worrying echoes of the SolarCity rescue.
“To have one of the biggest companies in the world, not have a full-time CEO is unheard of,” said Ross Gerber, CEO of Gerber Kawasaki, an investment firm and one of the early investors in Tesla.
Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup, xAI, the billionaire said in a post on X Sunday.
The news comes as Musk's SpaceX company reportedly contributed $2 billion to last months's $10 billion xAI fundraising consisting of equal parts equity and debt.