Elon Musk polls users on $5 billion xAI investment, early votes in favor.
From Investing.com: 2024-07-24 02:05:38
Elon Musk polls X users on investing $5 billion in xAI, with early votes in favor. Tesla’s profit margin drops as Musk plans to advance full self-driving with xAI. Over 386,000 people participate in the poll, with 70% in favor of the investment. xAI raised $6 billion with a post-money valuation of $24 billion. Musk dismisses concerns of diverting Tesla resources to other companies. Musk previously ordered Nvidia to ship AI chips to xAI and X due to Tesla’s data center being full.
Read more at Investing.com: Musk launches poll asking if Tesla should invest $5 billion in xAI, early votes in favour By Reuters