Musk to Seek Tesla Board Approval for $5 Billion Investment in xAI Start-Up

**Musk to Seek Tesla Board Approval for $5 Billion Investment in xAI Start-Up**

Elon Musk, the renowned entrepreneur, is set to request the Tesla board’s approval for a substantial $5 billion investment into his artificial intelligence venture, xAI. With this investment, Musk aims to propel the start-up’s capabilities and potential within the rapidly advancing AI industry. The investment, if approved, will also mark a significant move for Tesla as it continues to diversify its interests beyond the automotive sector. The proposed deal signals Musk’s ongoing commitment to pushing the boundaries of technology and innovation through strategic financial decisions. The xAI token ($XAI) stands to gain notable attention following this prospective infusion of capital.

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