The announcement strengthens Oracle’s AI ecosystem and expands xAI’s reach into enterprise applications through a secure, scalable platform
Trade analysts have rated Tesla’s stock a “hold” with a median price target of $212.50
Musk had denied a report earlier this year that said xAI was seeking funding
xAI released its first AI model, a bot named Grok, which was made available to all X Premium+ subscribers before its public launch
Musk and Jared Birchall, who operates Musk’s family office, incorporated a business called X.AI in March