Tech

Elon Musk Is Trying to Get His Other Companies to Foot the Bill for xAI

Elon Musk’s Spacex is scheduled to take a position billions of {dollars} within the synthetic intelligence firm, and now he hopes Tesla will do the identical.

Inform the traders to know the matter Wall Street Magazine Rocket Firm has agreed to take a position $ 2 billion in Xai, the corporate that’s led by the Musk, behind Grok. This funding is roughly half $ 5 billion in stocks The unreal intelligence firm raised final month.

It isn’t shocking that the richest man on the earth shouldn’t be glad. On Sunday, on the social media platform X (previously Twitter) printed that Tesla shareholders will vote on whether or not they will even spend money on the substitute intelligence firm.

he Reject To the X consumer asks about Tesla’s funding in Xai by publishing it, “It isn’t as much as me.

XAI merged with X earlier this yr, placing it as much as $ 113 billion. The unreal intelligence firm is claimed to be now aimed toward a $ 200 billion ranking on its subsequent tour of donation.

This comes as a result of Xai can be burning by means of money at a fast charge. Based on Bloomberg, Xai is roughly bleeding One billion dollars per month. Musk has since because the article “” “prattle

Since its launch, Xai has been racing to meet up with different trade and leaders. The corporate revealed its newest fashions, GROK 4, this month and claimed to be the “most clever mannequin on the earth”. MUSK offered new day “Companions” A characteristic that enables customers to talk to GROK by way of 3D letters.

Nonetheless, Grok was not with out issues. Earlier this month, an replace aimed toward tackling what Musk described as “centered left” as a substitute of Grok technology Anti -Semitic propagandaEven in referring to itself as “mechaitler”. Quickly after, the corporate mentioned it had taken steps to take away offensive jobs and had it GROK preventing hate speech On x.

Whereas Musk is searching for a brand new funding for the substitute intelligence mannequin, it became one of many outdated enjoying books – which wanders about cash and assets between his business empire. For instance, in 2009, borrowed musk 20 million dollars from Spacex to help finance Tesla. The missile firm additionally supplied gear to start out the Musk Tunnel, Boring company. Not too long ago, Musk bought a billion {dollars} mortgage from Spacex Soon to buy Twitter.

2025-07-14 17:20:00

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