Musk: Will discuss Tesla's investment in xAI with Tesla's board of directors

According to news from this site on July 25, Tesla CEO Musk stated on social platforms that he would discuss the investment in xAI with Tesla’s board of directors.

This site noticed that Musk recently initiated a vote: Assuming that the valuation is set by several reliable external investors, should Tesla invest US$5 billion in xAI? Poll results show that about 67.9% of voters want Tesla to invest $5 billion in xAI.

xAI

Founded in 2023, it is an artificial intelligence company founded by Elon Musk that competes with OpenAI. Musk said his plan for xAI is to build a supercomputer to power his next-generation artificial intelligence chatbot, Grok, and plans to have it operational by fall 2025.

In May this year, xAI successfully raised US$6 billion, with investors including Sequoia Capital, Fidelity Asset Management, Saudi Arabia’s Kingdom Holding Company, etc. The company said the funding will be used to bring xAI's first products to market, build advanced infrastructure and accelerate research and development of future technologies.

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