Elon Musk said Tesla will hold a shareholder vote on whether to invest in xAI.Musk said in March that xAI was valued at $80 billion. The company raised

Musk set up xAI in early 2023, months after OpenAI ushered in the AI boom with the launch of ChatGPT.

Elon Musk said he does not support a merger between his EV maker Tesla and his artificial intelligence startup xAI.

Elon Musk ruled out a merger between Tesla and xAI but said he plans to hold a shareholder vote on investment in the artificial intelligence startup by the automaker, in the latest step to deepen integration across his business empire.His comments followed a Wall Street Journal report on Saturday that SpaceX,

July 14 (UPI) -- Tesla CEO Elon Musk said Monday he doesn't support a merger of his automotive company with his AI and technology company xAI, even though Tesla shareholders will vote on making an investment into xAI.

Elon Musk has floated the potential synergies between the AI start-up and his two crown jewels, SpaceX and Tesla.

Tesla will give its shareholders the option to invest in artificial intelligence startup xAI, billionaire owner of both companies Elon Musk said on his social media platform X.