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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 Department of Defense under Secretary Pete Hegseth has been fixated on buzzwords like “warfighting” and “warfighters,” ...
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Google, Musk's xAI, Anthropic win $200M US defense contractsOpenAI, Google (NASDAQ:GOOG) (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN)-backed Anthropic, and Elon Musk’s xAI have each secured contracts worth up to $200 million from the U.S. Department of Defense ...
The company told workers to download employee tracking software on their personal computers, prompting privacy concerns from ...
The European Union will meet with representatives from Elon Musk's xAI to discuss problems with its social network X and ...
People who pay for access to SuperGrok can now try the AI chatbot’s new “Companions” avatars, xAI owner Elon Musk announced ...
Benzinga on MSN10h
SpaceX Backs xAI With $2B Investment As Musk Pushes AI Growth Across His CompaniesElon Musk’s SpaceX has invested $2 billion in his AI company xAI, marking one of its largest outside investments to date, ...
21h
Per the Wall Street Journal, the investment by SpaceX is part of a $5 billion equity fundraise by Morgan Stanley for xAI.
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