![](https://www.elonmuskvision.com/public/blog/img/ol-tesla.png)
Elon Musk's poll shows most want Tesla to invest $5 billion in startup xAI
- by Business Standard
- Jul 25, 2024
- 0 Comments
- 0 Likes Flag 0 Of 5
![Elon Musk's poll shows most want Tesla to invest $5 billion in startup xAI](https://elonmuskvision.com/public/uploads/all/2f05cbcbce6d3ef085d0ab1611513970.jpg)
2 min read Last Updated : Jul 25 2024 | 8:36 AM IST
Listen to This Article Click here to connect with us on WhatsApp
“Tesla is learning quite a bit from xAI,” he said, adding that it had helped advance Full Self-Driving, a suite of driver-assistance features. Musk said he supported the idea of Tesla investing in xAI, if shareholders approved it.
Musk set up xAI in early 2023, months after OpenAI ushered in the AI boom with the launch of ChatGPT. The billionaire co-founded OpenAI as a nonprofit and was its leading funder before resigning from the board in 2018, citing a potential future conflict of interest with his role at Tesla.
Concern about conflicts have resurfaced as Musk has built out his latest startup. In April, he said Tesla was having to make special efforts to retain AI specialists, and that some had left the carmaker for xAI. And in June, Musk confirmed he diverted scarce AI chips from Tesla to X Corp. and xAI.
In the midst of those developments, xAI announced it had raised $6 billion in a funding round that valued the startup at around $18 billion. Sequoia Capital and Andreessen Horowitz were among the firms to take part in one of the biggest investments so far in generative AI.
More From This Section
Please first to comment
Related Post
Stay Connected
Tweets by elonmuskTo get the latest tweets please make sure you are logged in on X on this browser.
Sponsored
Popular Post
Tesla: Buy This Dip, Energy Growth And Margin Recovery Are Vastly Underappreciated
28 ViewsJul 29 ,2024