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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.
In a familiar critique of corporate structures, Musk also weighed in on the ideal environment for fostering such long-term, ...
The startup is leaning on Musk’s business empire to play catch-up in the AI race.
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