xAI, Musk and SpaceX
Digest more
2d
Cryptopolitan on MSNSpaceX is investing $2 billion in xAISpaceX is investing $2 billion into Elon Musk’s artificial intelligence startup, xAI, almost half of the $5 billion the company just raised through an equity round organized by Morgan Stanley, according to The Wall Street Journal.
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 its development to compete within the AI sector.
SpaceX is investing $2 billion into Elon Musk’s AI startup xAI, now Tesla might be next. Meanwhile employees raise surveillance concerns.
The investment from SpaceX is part of xAI’s $5 billion equity fundraising effort, which was announced by Morgan Stanley last month.