Tesla invests $2 billion in Elon Musk’s xAI – despite shareholder veto

Gadget-uri

Elon Musk’s AI company xAI completed a Series E funding round of $20 billion three weeks ago. Now it’s confirmed: Tesla is among the investors and is contributing $2 billion. Musk’s electric vehicle pioneer disclosed the stake in a shareholder letter on Wednesday. xAI operates the Grok chatbot and also owns Musk’s social media platform X. Other investors include Valor Equity Partners, Fidelity, the Qatar Investment Authority, and strategic partners Nvidia and Cisco. The twist: According to