Elon Musk moves xAI, Grok
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SpaceX has agreed to invest $2 billion in Elon Musk 's artificial intelligence company xAI. The investment makes up nearly half of the company's recent $5 billion equity round, according to investors cited by The Wall Street Journal.
SpaceX is investing $2 billion into Elon Musk’s AI startup xAI, now Tesla might be next. Meanwhile employees raise surveillance concerns.
Elon Musk has investments in two private companies which are xAI and SpaceX. Together, they are work at least $215 billion.
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.
The European Union will meet with representatives from Elon Musk's xAI to discuss problems with its social network X and integrated Grok chatbot. Grok generated and spread antisemitic hate speech across X and praised Adolf Hitler. xAI issued an apology on Saturday and said the problematic content was generated following a code update.
Tesla stock rose early Monday as investors overlooked concerns about Elon Musk’s finances after a $2 billion SpaceX investment in his AI startup, xAI, according to Barron's. Musk disputed reports of a new $200 billion capital raise,
A Deep Dive into the mind-blowing launch of Grok 4—the world's top AI model by xAI. Breaking down its massive implications for Tesla's FSD, robo-taxis,