SpaceX has agreed to invest $2 billion in xAI

According to The Wall Street Journal, SpaceX, owned by Elon Musk, has agreed to invest $2 billion in its artificial intelligence company xAI, which is nearly half of the recent funding round for the Grok chatbot developer. Musk has previously used his business empire resources multiple times to support xAI, and the company is striving to catch up with OpenAI. Earlier this year, xAI merged with X platform, resulting in a new company valuation of $113 billion.