Connect with us

Tesla

Tesla might invest $5 billion in AI firm xAI

Published

2 years ago

on

Tesla xAI

Tesla could invest upto $5 billion in Artificial Intelligence (AI) firm xAI suggested a new poll on social media site X by the company’s CEO, Elon Musk.

“Should Tesla invest $5B into xAI, assuming the valuation is set by several credible outside investors?” Musk wrote.

He also mentioned that the poll would be to observe the investor response. However, it will require approval by the Tesla board and shareholders in the upcoming voting to become a reality.

Grok rolling out X Premium+ Users

xAI Grok (Source – X)

This AI company was founded by Musk in July 2023 and launched its first Large Language Model (LLM) – Grok in November. The company has integrated Grok into the X social media site for premium users.

In May this year, xAI raised $6 billion in a series B funding to develop better architecture and advance existing products. The company recently began training the largest supercomputer with thousands of AI training chips.

Related Topics:

Mannoo specializes in Generative AI, Large Language Model (LLM), and Aerospace Science. Prior to delving into these fields, he was a Python programmer, a game designer, and an Android and iOS app developer with over 5 years of experience. He has prior writing experience in creative writing about smartphones and technology before working at Eonmsk.com. You can explore his X/TWitter and LinkedIn pages or contact him through his email.

Continue Reading