PANews reported on July 14 that according to The Wall Street Journal, Elon Musk's SpaceX has agreed to invest $2 billion in his artificial intelligence company xAI, an amount close to half of the recent funding round for the Grok chatbot developer. Musk has previously used resources from his business empire to support xAI, which is striving to catch up with OpenAI. Earlier this year, xAI merged with the X platform, with the new company valued at $113 billion.
SpaceX has agreed to invest $2 billion in xAI
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