Author - Mansur Ismagulov
The Tech AI
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SpaceX is investing $2 billion in the xAI project, which accounts for nearly half of the startup's funding round. The startup, which developed Grok, is part of a plan to raise $5 billion in equity capital. Grok is already being used to support Starlink users. Experts point out investment risks in the wake of unsuccessful Starship rocket tests.
SpaceX, owned by Elon Musk, plans to invest $2 billion in his other project, xAI, which is developing artificial intelligence. This amount represents nearly half of the recent funding round raised by the startup that developed the Grok chatbot.
The investment is part of xAI's plan to raise $5 billion in equity capital. Grok is already being used to support users of SpaceX's Starlink satellite internet. The scale of cooperation between the companies may increase.
However, experts note that SpaceX's investment in xAI carries certain risks. Despite revenue growth, the company is already investing billions in the development of the Starship rocket, whose tests have so far been accompanied by failures.
Source: The Wall Street Journal
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