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Elon Musk launches poll asking if Tesla should invest US$5b in xAI

Tan KW
Publish date: Wed, 24 Jul 2024, 01:18 PM
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BENGALURU Billionaire Elon Musk launched a poll on social media platform X on Tuesday, asking users whether Tesla should invest US$5 billion in his artificial intelligence (AI) startup xAI.

"Board approval & shareholder vote are needed, so this is just to test the waters," Musk said.

Tesla did not immediately respond to a Reuters request for comment, while xAI could not be reached.

In May, xAI had raised US$6 billion in series B funding, reaching a post-money valuation of US$24 billion.

 


  - Reuters

 

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