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Musk’s xAI in talks for share in future Tesla revenue, WSJ reports

2024.09.07 21:35

© Reuters. FILE PHOTO: xAI logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – Elon Musk’s AI startup xAI has discussed a deal that would give it some revenue from Musk’s Tesla (NASDAQ:) in exchange for providing the electric vehicle maker access to its technology and resources, the Wall Street Journal reported on Saturday.

Under a proposed arrangement as described to investors, Tesla would license xAI’s artificial intelligence models to help power full self-driving technology and share some of that revenue with the startup, the newspaper said, citing people familiar with the matter.



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