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xAI was founded by Musk [7] [8] [9] in Nevada [4] on March 9, 2023, and has since been headquartered in the San Francisco Bay Area in California. [10] Igor Babuschkin, formerly associated with Google's DeepMind unit, was recruited by Musk to be Chief Engineer. [11] Musk officially announced the formation of xAI on July 12, 2023.
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. He is also known for his ownership of X Corp. (the company that operates the social media platform X, formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
In March 2024, The New York Times reported that he had met Trump at Mar-a-Lago; Musk believed that Biden should be defeated in the 2024 presidential election at the time. [19] Approximately thirty minutes after a would-be assassin shot and wounded Trump at a campaign rally near Butler, Pennsylvania , in July, Musk endorsed Trump.
Following Musk’s $44 billion takeover of what was once Twitter, the Federal Trade Commission investigated whether X and its new owner were in violation of an existing FTC data privacy agreement ...
Musk’s name is nowhere on the application materials themselves, though the Tesla and SpaceX CEO’s fingerprints are all over the new school project. The X Foundation, which is funded by the ...
The new documents also highlight X’s woes since Musk took over: The company generated $1.48 billion in revenue in the first six months of 2023, down almost 40% year over year, and it lost $456 ...
According to Musk, the company's goal is to enhance tunneling speed enough such that establishing a tunnel network is financially feasible. [11] [12] Elon Musk speaking at the inauguration of the test tunnel in Hawthorne, California, December 2018. In early 2018, the Boring Company was spun out from SpaceX and into a separate corporate entity. [13]
Tesla is sending out invites to its highly anticipated Investor Day on March 1, at its Gigafactory in Texas.But CEO Elon Musk says there will be more coming at this event - his Master Plan part 3.