xAI, Musk and SpaceX
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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 is investing $2 billion into Elon Musk’s AI startup xAI, now Tesla might be next. Meanwhile employees raise surveillance concerns.
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.
The investment from SpaceX is part of xAI’s $5 billion equity fundraising effort, which was announced by Morgan Stanley last month.
Elon Musk’s SpaceX is set to invest $2 billion in his artificial intelligence startup xAI, as part of a broader $5 billion equity round, according to a report by The Wall Street Journal. The deal would mark SpaceX’s first investment in xAI and significantly deepen the financial and operational ties between Musk’s business ventures.