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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.
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.
Explore GROK 4, Elon Musk’s groundbreaking AI model, and its impact on Tesla, defense, and the future of ethical AI ...
Investor's Business Daily on MSN2h
Tesla Stock Has A New Base And Cathie Wood Is Buying As Elon Musk Looks To Consolidate Business EmpireCathie Wood and Ark Invest scooped up nearly 60,000 shares of TeslaTSLA in Friday's stock market as CEO Elon Musk seeks further cooperation between his businesses with SpaceX and potentially Tesla ...
Elon Musk is once again blurring the lines between his companies, and this time, he’s asking Tesla shareholders to help him ...
Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and development.
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