Future Tech

Musk to discuss $5 billion xAI investment with Tesla board

Tan KW
Publish date: Fri, 26 Jul 2024, 05:17 AM
Tan KW
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Future Tech

 Tesla CEO Elon Musk said on Thursday he will discuss a $5 billion investment in artificial intelligence startup xAI, as the electric-vehicle maker looks to double down on efforts to expedite the development of its robotaxi and self-driving products.

The ambitious self-driving project has faced numerous technical and legal hurdles in recent years, and the automaker is now bolstering its AI infrastructure to train models for Tesla's autonomous technology.

 


  - Reuters

 

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