Elon Musk Tells Why xAI Will End Up Enhancing Tesla's Value
Portfolio Pulse from Anan Ashraf
Tesla CEO Elon Musk has stated that his new venture, xAI, will enhance the value of Tesla. Musk explained that xAI was created to attract top AI engineers and scientists who were hesitant to join a large established company like Tesla. The xAI team includes members from DeepMind, OpenAI, Google Research, Microsoft Research, Tesla, and the University of Toronto.
July 20, 2023 | 11:35 am
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Elon Musk's new venture, xAI, is expected to enhance the value of Tesla. This could potentially attract more investors and increase the company's stock price.
The creation of xAI is a strategic move by Elon Musk to attract top AI talent, which could lead to advancements in Tesla's technology and products. This could potentially increase investor interest and drive up the company's stock price.
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