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Elon Musk's SpaceX Commits $2 Billion To xAI In $5 Billion Round As AI Startup Hits $113 Billion Valuation Amid Controversy
SpaceX has agreed to invest $2 billion in Elon Musk 's artificial intelligence company xAI. The investment makes up nearly half of the company's recent $5 billion equity round, according to investors cited by The Wall Street Journal.
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.
AI's new Companions feature brings anime waifus to Grok subscribers, sparking everything from marriage proposals to ...
Grok’s pro-Hitler ranting didn't disqualify it from a $200 million defense contract. With Pete Hegseth running the DoD, why ...
Just days ago, xAI had to briefly suspend the AI tool because users found it was giving Nazi-friendly answers to questions ...
The announcement comes after FedScoop reported on the General Services Administration’s interest in the tool late last week.
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