Elon Musk’s Tesla to invest $2B in xAI
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Jan 29 (Reuters) - Elon Musk's SpaceX is considering a potential merger with Tesla as well as an alternative combination with artificial-intelligence company xAI, Bloomberg News reported on Thursday,
In Tesla's annual financial filing, the company said that last year it sold $430 million worth of its energy storage products to xAI, Elon Musk's AI startup.
Elon Musk SpaceX and xAI ambitions could push AI data centres into space, as tech giants explore space-based computing to cut costs and power future AI growth.
Tesla's first annual revenue drop signals a major shift as Elon Musk ends key car models and pivots the company towards AI and humanoid robots.