Musk to discuss $5 billion xAI investment with Tesla board

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 34 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Elon Musk News

Artificial Intelligence

Earlier this week, during Tesla's earnings conference call, Musk said xAI would be 'helpful in advancing full self-driving and in building up the new Tesla...

- Tesla CEO Elon Musk said on Thursday he will discuss a $5 billion investment in artificial intelligence startup xAI, as the electric-vehicle maker looks to double down on efforts to expedite the development of its robotaxi and self-driving products.

Earlier this week, during Tesla's earnings 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 Grok with Tesla's software.Tesla's second-quarter automotive gross margin and profit fell short of Wall Street estimates on Tuesday as the company cut prices and offered incentives to boost sales.

Garda World Security Corporation Announces Closing of Private Offering of US$550 Million of Senior Notes due 2032 Protecting IP on the Internet Training Course: Stay Up to Date with the Most Important Legislation and Case Law

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines