Elon Musk's SpaceX will invest $2 billion in xAI, marking its first public stake in the artificial intelligence startup, and comes after xAI's merger with X, valuing the company at $113 billion.

SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon ...

The startup is leaning on Musk’s business empire to play catch-up in the AI race.