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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.
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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.But developments within the industry appear to have changed Musk's mind. Last week, Musk's AI startup xAI launched the latest version of its chatbot, Grok 4. The SpaceX chief said during the ...
AI safety researchers from OpenAI, Anthropic, and nonprofit organizations are speaking out publicly against the “reckless” ...
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xAI is aiming for $200 billion valuation through a new fundraiseIf it succeeds, it could push its value as high as $200 billion, 10 times its valuation from early last year, according to ...
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