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Elon Musk's SpaceX to invest $2 billion into his xAI startup: report

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5 hours ago

SpaceX is investing $2 billion into xAI, Elon Musk's artificial intelligence company, as part of a $5 billion equity round, according to a report.The investment, which was first reported by The Wall Street Journal, citing investors familiar with the matter, represents a further deepening of ties between Musk's companies, which include SpaceX, Tesla and the social media platform X.Musk has repeatedly mobilized his firms to boost his AI startup.TESLA VEHICLES TO GET GROK AI CHATBOT STARTING NEXT WEEK, MUSK SAYSEarlier this year, Musk merged xAI with X, which helped extend the reach of its Grok c...

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5 hours ago
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