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News

Elon Musk's SpaceX to invest $2 billion into his xAI startup

Fox Business on MSN · 2d
Elon Musk's SpaceX to invest $2 billion into his xAI startup: report
SpaceX is investing $2 billion in xAI, Elon Musk's AI company, as part of a $5 billion equity round, amid his efforts to boost the AI startup.
TechCrunch on MSN · 2d
Elon Musk’s SpaceX might invest $2 billion in Musk’s xAI
According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion in debt) that Morgan Stanley announced at the end of June.
USA Today · 2d
Musk rejects Tesla-xAI merger, proposes shareholder vote on AI investment instead
Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and development.
2don MSN
Elon Musk Exchanged 'Embarrassing' Emails With Texas Governor Greg Abbott
Texas Governor Greg Abbott's office said Elon Musk had sent Abbott a number of "embarrassing" emails in the last few months.
Benzinga.com1mon
Elon Musk Touts xAI's Colossus 2 As First Gigawatt AI ... - Benzinga
Elon Musk recently emphasized that Colossus 2 will be the first Gigawatt AI training supercluster, highlighting xAI's growing infrastructure ambitions as he reshared a post detailing the ...

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