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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.
Elon Musk is integrating AI across his companies and blurring the lines between them.
Amazon partners with SpaceX to launch 24 Kuiper satellites, marking a rare collaboration between tech rivals in the growing ...
The per-share price of $212 is up substantially from the $185 set in a prior transaction that valued SpaceX at $350 billion ...
Elon Musk confirms SpaceX will launch its tenth Starship test flight soon. The launch is expected in about three weeks. This follows previous setbacks ...
Of all the threats that President Donald Trump and Elon Musk hurled at one another as their alliance fell apart, those ...
Tech billionaire Elon Musk's rocket and satellite maker SpaceX is preparing an insider share sale that would value the company at approximately $400 billion, according to a report by Bloomberg.
Elon Musk said a year ago that AI has no use at SpaceX. Now he's willing to pay $170k a head for AI engineers. Elon Musk's SpaceX is recruiting AI software engineers and promising them six-figure ...
In a post to Musk’s social media platform X, xAI unveiled Grok for Government, “a suite of products that make our frontier models available to United States Government customers.” The deal marks a ...
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