SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI,

Elon Musk’s startup xAI apologized yesterday for offensive posts published by its artificial intelligence assistant Grok this week, blaming them on

Elon Musk’s SpaceX has agreed to invest $2 billion in xAI, investors close to the companies said, nearly half of the Grok chatbot maker’s recent equity raise.

Earlier today, Grok showed me how to tell if someone is a “good scientist,” just from their demographics. For starters, according to a formula devised by Elon Musk’s chatbot, they have to be a white, Asian, or Jewish man.

Elon Musk's artificial intelligence company xAI is apologizing for a series of violent and antisemitic posts from its chatbot "GROK" earlier this week.

AI raised $10 billion through loans and cash investments in July, split evenly between debt and equity. In June it sold $300 million worth of shares in a secondary stock offering.

SpaceX is planning to invest $2 billion in Elon Musk's xAI as part of a $5 billion equity round, the Wall Street Journal reported on Saturday. The news of the investment comes after xAI's merger with Musk's social media company X. The outlet reported that the merged company is valued at about $113 billion.

NEW YORK (AP) — X CEO Linda Yaccarino said she’s stepping down after two years running Elon Musk’s social media platform.