Musk's $5 Billion Bet: Tesla to Fund His xAI Startup?
Podcast: InvestTalkPublished On: Tue Jul 30 2024
Description: Elon Musk proposes a massive $5 billion investment from Tesla into his AI startup xAI, subject to shareholder approval. This bold move could reshape the AI landscape and Tesla's future, as xAI aims to compete with tech giants like Google and OpenAI. Discover the potential implications for Tesla, the AI industry, and Musk's growing tech empire. Today's Stocks & Topics: TTWO - Take-Two Interactive Software Inc., Market Wrap, Interest Rates, Musk's $5 Billion Bet: Tesla to Fund His xAI Startup?, COP - ConocoPhillips, The Yen Carry Trade, SYK - Stryker Corp., TGT - Target Corp., SLB - Schlumberger Ltd., INTC - Intel Corp., Inherited I-R-As Rules.Our Sponsors:* Check out Anthropic: https://claude.ai/invest* Check out Pebl: https://hipebl.ai* Check out Quince: https://quince.com/INVESTAdvertising Inquiries: https://redcircle.com/brands
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