Tesla’s AI bet: Musk tests waters with $5b xAI investment poll, early results positive

Bukit Aman: Bank manager and nine other suspects to be charged July 25 over RM24.2m siphoned from KK's MBSB BankTesla CEO Elon Musk has launched a poll asking users on social media platform X whether the electric carmaker should invest US$5 billion in his artificial intelligence startup xAI — with early votes showing most in favour of the move.

During Tesla’s earning conference call, Musk said xAI would be “helpful in advancing full self-driving and in building up the new Tesla data center,” adding that there are opportunities to integrate xAI’s chatbot, Grok, with Tesla’s software. Tesla did not immediately respond to a Reuters request for comment, while xAI could not be reached for comment.

Musk has previously said that he plans for a quarter of xAI to be owned by investors in X, formerly known as Twitter, which he bought for US$44 billion although the social media firm’s value has plunged since then.

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