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Musk Moves $2B from SpaceX to xAI

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.

DEL-1 on MSN · 9h

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.

Bloomberg L.P. · 27m

Musk Suggests Tesla Shareholders Will Vote on xAI Investment

Tesla Inc. plans to poll shareholders on whether to invest in xAI, Elon Musk said after the Wall Street Journal reported SpaceX was prepared to funnel $2 billion into the Grok chatbot developer.

xAI, Grok and Chatbot

Insider on MSN · 1d

xAI apologized for Grok's 'horrific' rant, and blamed the chatbot's new instructions and 'extremist' X user posts

Elon Musk's xAI said Grok's behavior was due to an update that caused it to prioritize engagement, even if posts contained "controversial opinions."

The New York Times · 1d

Grok Chatbot Mirrored X Users’ ‘Extremist Views’ in Antisemitic Posts, xAI Says

Elon Musk’s artificial intelligence company said its Grok chatbot had also undergone a code update that caused it to share antisemitic messages this week.

CNN on MSN · 1d

xAI issues lengthy apology for violent and antisemitic Grok social media posts

Elon Musk’s artificial intelligence company xAI issued a lengthy apology Saturday for a series of violent and antisemitic posts from its Grok chatbot this week, blaming a system update.

15hon MSN

Elon Musk's xAI pressed employees to install surveillance software on personal laptops

The company told workers to download employee tracking software on their personal computers, prompting privacy concerns from ...

The Indianapolis Star1d

Elon Musk's xAI apologizes for Grok chatbot's antisemitic responses

In a statement posted to X on July 12, xAI, the artificial intelligence company that makes the chatbot program, apologized for "horrific behavior" on the platform. Users reported receiving responses ...

39m

xAI seeks up to US$200bil valuation in next funding round

Elon Musk's xAI is preparing to raise more money from investors in a deal that could value the artificial-intelligence (AI) company between US$170bil and US$200bil, the Financial Times (FT) reports, ...