SELECT LANGUAGE BELOW

xAI Co-Founder Igor Babuschkin Leaves Elon Musk’s Company

xAI Co-Founder Igor Babuschkin Leaves Elon Musk's Company

Igor Babuschkin Leaves Xai to Start Venture Capital Firm Igor Babuschkin, one of the co-founders of Elon Musk’s AI startup Xai, announced on Wednesday that he is leaving the company to establish his own venture capital firm called Babuschkin Ventures. In a post on X, Babuschkin mentioned that his last day with Xai was the […]

Musk Suggests Tesla Fund His AI Company xAI

Musk Suggests Tesla Fund His AI Company xAI

Elon Musk hints that Tesla shareholders may support investment in his AI startup Xai. Recently, Elon Musk conveyed his interest in utilizing Tesla’s financial assets to back Xai, his artificial intelligence venture. In a post on his social media site X, Musk stated, “It’s not up to me. If it were, Tesla would have invested […]

Musk states he does not back the merger of Tesla and xAI.

Musk states he does not back the merger of Tesla and xAI.

On Monday, Elon Musk, the CEO of Tesla, made it clear that he does not support the proposed merger between his electric vehicle company and his artificial intelligence firm, Xai. This suggestion had recently been put forth by a prominent analyst. When users on the social media platform X inquired if Tesla investors favored the […]

SpaceX plans to invest $2 billion in Elon Musk’s xAI startup, according to reports.

SpaceX plans to invest $2 billion in Elon Musk's xAI startup, according to reports.

Investment in AI Company Xai by SpaceX Kevin O’Leary, the chairman of O’Leary Ventures, recently addressed various topics, including Zohran Mamdani’s win in the NYC mayoral race, the connection between President Donald Trump and Elon Musk, and the significance of policies emerging from the “big beautiful bill” alongside the TikTok issue. SpaceX has reportedly invested […]

xAI secures $10 billion in funding as it competes with OpenAI

xAI secures $10 billion in funding as it competes with OpenAI

Morgan Stanley reported on Monday that Elon Musk’s company, Xai, has secured a substantial $10 billion in both debt and equity financing. This sum includes $5 billion from secured notes and term loans, while the remaining $5 billion comes from strategic equity investments, according to the bank. Musk’s social media platform, which has been rebranded […]