WSJ: Musk invests $2 billion in SpaceX's xAI

Elon Musk's SpaceX has agreed to invest $2 billion in his company of artificial intelligence xAI, almost half of the recent Chatbot maker Grok is raising capital. It's written the Wall Street Journal, citing investors close to the two society'. Musk has repeatedly mobilized his business empire to to boost the artificial intelligence startup, which is trying to catch up with OpenAI. Earlier this year, he xAI merged with X, uniting what was a small laboratory of research with a social media platform that helps to amplify the reach of its Grok chatbot. The merger valued the new company at $113 billion. dollars. SpaceX's investment is part of the fundraising effort xAI's $5 billion capital announced by Morgan Stanley Stanley last month. This is the first known investment. of the rocket manufacturer in xAI and one of the largest in another agency.