Elon Musk offers Tesla shareholders to invest in XAI

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Elon musk offers tesla shareholders:

According to the Wall Street Journalanother company controlled by Elon Musk. However, SpaceX, will inject two billion dollars into XAI, as part of a capital increase of 5 billion.

Tesla will submit to its shareholders an investment project to the capital of the start-up XAI, another company controlled by Elon Musk, indicated Sunday the entrepreneur on his social network X. Similarly, The richest man in the world responded to a message from a surfer suggesting a stake in the manufacturer of electric cars in the artificial intelligence group (AI) XAI. Furthermore, which recently absorbed X. Furthermore, “It does not depend on me”wrote Elon Musk. However, “If it was up to me, Tesla would have invested in Xai a long time ago. For example, We are going to organize a shareholders’ vote on the subject. elon musk offers tesla shareholders Nevertheless, ”

According to the Wall Street Journalanother company controlled by Elon Musk. SpaceX, will inject two billion dollars into XAI, as part of a capital increase of 5 billion. In response to an X user evoking the information of the financial daily. Elon Musk said that “It would be great”but should be “Submitted to the board of directors and shareholders”. The billionaire. as soon as XAI was created, argues the possible synergies between the young Push of AI and its two SpaceX and Tesla jewels.

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To a new fundraising – Elon musk offers tesla shareholders

According to the Financial Timesthe businessman seeks to set up a new fundraising, which would value Xai between 170 and 200 billion dollars. Launched in July 2023. XAI seeks to rebuild its major competitors of the generative AI, elon musk offers tesla shareholders OpenAi (Chatgpt), Anthropic (Claude) or Google (Gemini). The start-up has invested massively in a gigantic data center in Memphis (Tennessee). which must become, according to Elon Musk, the “The biggest super-computer in the world”. He bought a second near land to create another site.

Data centers are essential to develop and run large models of artificial intelligence. According to the Bloomberg agency. Xai consumes a billion dollars in liquidity each month, its expenses exceeding, for the moment, its income. XAI has developed the Assistant of Generative Grok, at the origin of a series of controversies. After an update on July 7. the chatbot, in some of its answers, praised Adolf Hitler, denounced “Anti-white stereotypes” On X or representation “Disproportionate” Jews in Hollywood. Xai apologized on Saturday for these extremist. insulting messages, announcing that he had corrected the instructions which had led, according to the company, to these slippages.

elon musk offers tesla shareholders

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