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News

Musk Moves $2B from SpaceX to xAI

TechCrunch on MSN · 1d
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.
Reuters on MSN · 3d
SpaceX to invest $2 billion in Musk's xAI startup, WSJ reports
July 12 (Reuters) - SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, the Wall Street Journal reported on Saturday.
Cryptopolitan on MSN · 2h
Grok 4 will no longer rely on Elon Musk’s tweets, xAI says
Elon Musk’s X, formerly Twitter, revealed that its chatbot Grok will no longer base its responses on Musk’s ideology. The firm confirmed that they adjusted Grok’s software t
3don MSN
SpaceX to Invest $2 Billion Into Elon Musk’s xAI
The startup is leaning on Musk’s business empire to play catch-up in the AI race.
Cryptopolitan on MSN3d
xAI is aiming for $200 billion valuation through a new fundraise
If it succeeds, it could push its value as high as $200 billion, 10 times its valuation from early last year, according to ...

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