SpaceX Invests $2 Billion in xAI

SpaceX, Elon Musk's space company, has agreed to invest $2 billion in its AI firm xAI. This amount corresponds to nearly half of the $5 billion recently raised by xAI in a capital increase. It is the first known investment by SpaceX in xAI and simultaneously one of the largest stakes SpaceX has taken in another company. With this move, Musk aims to bolster his AI ambitions and position xAI better against competitors like OpenAI. xAI and support from Musk's business empire Elon Musk has repeatedly leveraged his various companies to strengthen...