Elon Musk Refutes Reports on xAI Revenue Sharing with Tesla

Monday, 9 September 2024, 11:00

xAI Revenue Sharing claims have been dismissed by Elon Musk, who asserts that Tesla will not share earnings with xAI for AI model usage. This denial comes in response to a Wall Street Journal report suggesting otherwise, highlighting ongoing discussions around corporate AI strategies.
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Elon Musk Refutes Reports on xAI Revenue Sharing with Tesla

Elon Musk's Stance on xAI Revenue Sharing

In a recent statement, Elon Musk strongly denied rumors surrounding xAI's revenue sharing agreements with Tesla. According to Musk, Tesla's revenue model remains independent of xAI's operations, rejecting the notions put forth in a The Wall Street Journal report. The implications of this stance are significant in the evolving landscape of corporate AI strategies.

Understanding the Context

  • The report suggested that Tesla might share revenue generated through xAI's advanced AI technologies.
  • Musk's denial is critical for stakeholders interested in Tesla's financial strategies.
  • This response aligns with Musk's overall vision for AI development and its integration within Tesla.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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