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News

Elon Musk Floats a New Source of Funding for xAI

Gizmodo · 2d
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 Wall Street Journal on MSN · 2d
Elon Musk Floats a New Source of Funding for xAI: Tesla
The billionaire entrepreneur said Tesla shareholders would vote on investing in xAI as he seeks to tap his own companies to help fund his artificial-intelligence startup.
Los Angeles Times on MSN · 2d
Musk says he will seek shareholder approval for Tesla investment in xAI
As Elon Musk contemplates the relationship between several of his companies, he said on social media that Tesla shareholders will vote on whether to invest in xAI.
Asianet Newsable on MSN2h
Elon Musk’s xAI Under Fire In Memphis Over Gas Emissions, Civil Rights Concerns
The appeal, led by the Southern Environmental Law Center on behalf of the NAACP and Young, Gifted & Green, challenges local ...
14h
Elon Musk's SpaceX Commits $2 Billion To xAI In $5 Billion Round As AI Startup Hits $113 Billion Valuation Amid Controversy
SpaceX has agreed to invest $2 billion in Elon Musk 's artificial intelligence company xAI. The investment makes up nearly ...

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