SpaceX Fuels Elon Musk’s xAI with $2 Billion Investment, Taking on OpenAI

Elon Musk’s ambitious AI venture, xAI, just received a massive boost from SpaceX. A $2 billion investment from the space exploration giant, as part of a larger $5 billion equity round, solidifies xAI’s position as a major player in the artificial intelligence arena, setting the stage for a head-to-head competition with OpenAI.

xAI’s Valuation Soars After Merger with X

Following xAI’s merger with X, the combined entity is now valued at a staggering $113 billion. This significant injection of capital from SpaceX not only strengthens xAI’s financial standing but also underscores Musk’s commitment to advancing AI technology.

The investment will likely accelerate the development and integration of xAI’s Grok chatbot. Grok is already compatible with Starlink, offering users unique access to information. There’s also the exciting possibility of integrating Grok into Tesla’s Optimus robots, potentially revolutionizing robotics and automation.

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