In its earnings report today, Tesla disclosed a $2 billion investment in xAI “as part of their recent publicly-disclosed financing round.” Bloomberg reported earlier this year that xAI, which also ...

Tesla (TSLA) said it will invest about $2B in Elon Musk's AI company xAI (X.AI). Tesla said that on Jan. 16 the company signed an agreement to invest about $2B to acquire shares of Series E Preferred ...

Tesla is participating in xAI's Series E funding round, which recently raised a total of $20 billion and values the AI firm at a staggering $230 billion. While Tesla's contribution accounts for 10% of ...

SpaceX said it has an agreement giving it the right to acquire artificial intelligence startup Cursor for $60 billion later this year or to pay $10 billion for the companies’ work together, part of ...