Musk promised to transfer 25% of xAI shares to X Corp investors – Kommersant

Musk promised to transfer 25% of xAI shares to X Corp investors – Kommersant

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Businessman Elon Musk announced on the social network X (ex-Twittter) that 25% of the shares of xAI, a company engaged in developments in the field of artificial intelligence, will be owned by X Corp investors. Elon Musk did not provide any other details.

xAI Company was created businessman in July 2023. On website The company says it is not part of X Corp, but intends to work closely with X and Tesla. The site also stated that xAI’s mission is to gain knowledge about the universe. In April newspaper Financial Times wrote about Elon Musk’s plans to launch a new startup in the field of artificial intelligence as a competitor to OpenAI, the developer of ChatGPT and DALL-E.

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