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Elon Musk Is Trying to Get His Other Companies to Foot the Bill for xAI
Investors familiar with the matter told The Wall Street Journal that the rocket company SpaceX has agreed to invest a whopping $2 billion in xAI, the Musk-led firm behind the controversial large language model Grok. This investment makes up almost half of the $5 billion of equity that the AI company raised last month.
Elon Musk ruled out a merger between Tesla and xAI but said he plans to hold a shareholder vote on investment in the ...
As Elon Musk contemplates the relationship between several of his companies, he said on social media that Tesla shareholders ...
The company told workers to download employee tracking software on their personal computers, prompting privacy concerns from ...
People who pay for access to SuperGrok can now try the AI chatbot’s new “Companions” avatars, xAI owner Elon Musk announced ...
Benzinga on MSN15h
SpaceX Backs xAI With $2B Investment As Musk Pushes AI Growth Across His CompaniesElon Musk’s SpaceX has invested $2 billion in his AI company xAI, marking one of its largest outside investments to date, ...
Musk said "Tesla would have invested in xAI long ago" if it was up to him.
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Per the Wall Street Journal, the investment by SpaceX is part of a $5 billion equity fundraise by Morgan Stanley for xAI.
Billionaire investor Chamath Palihapitiya sparked speculations regarding a potential megamerger between Elon Musk's biggest ...
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