Elon Musk denied a report his artificial intelligence startup xAI has held talks for a share in future Tesla revenue in return for giving Musk's electric vehicle maker access to xAI's technology and resources.
The Wall Street Journal reported on Saturday that Tesla would license xAI's artificial-intelligence models to help power its driver-assistance software and full self-driving technology and share some of that revenue with the startup, according to the proposed arrangement as described to investors.
"Tesla has learned a lot from discussions with engineers at xAI who have helped accelerate achieving unsupervised FSD, but there is no need to licence anything from xAI," Musk posted late on Saturday on his social media platform X, adding the report is "not accurate."
The Journal, citing people familiar with the matter whom it did not identify, said xAI would support the development of other features for Tesla, including a voice assistant in its electric cars and software to power its humanoid robot Optimus.
The terms of any revenue-sharing agreement between xAI and Tesla would depend in part on how extensively Tesla relied on xAI's technology as opposed to its own, the report said, adding xAI executives have discussed an even revenue split from Tesla's FSD.
xAI could not be reached for a comment.
Musk launched xAI last year to compete with Microsoft-backed OpenAI. It sparked concerns he might allocate some resources of the carmaker to the AI company.
He has said xAI would be "helpful in advancing full self-driving and in building up the new Tesla data centre", adding there were opportunities to integrate xAI's chatbot, Grok, with Tesla's software.
In July, the billionaire CEO said he and the Tesla board would discuss a $5bn (about R89,403,247,500) investment in xAI.
Musk denies report his xAI is in talks over Tesla revenue
Image: Apu Gomes/Getty Images
Elon Musk denied a report his artificial intelligence startup xAI has held talks for a share in future Tesla revenue in return for giving Musk's electric vehicle maker access to xAI's technology and resources.
The Wall Street Journal reported on Saturday that Tesla would license xAI's artificial-intelligence models to help power its driver-assistance software and full self-driving technology and share some of that revenue with the startup, according to the proposed arrangement as described to investors.
"Tesla has learned a lot from discussions with engineers at xAI who have helped accelerate achieving unsupervised FSD, but there is no need to licence anything from xAI," Musk posted late on Saturday on his social media platform X, adding the report is "not accurate."
The Journal, citing people familiar with the matter whom it did not identify, said xAI would support the development of other features for Tesla, including a voice assistant in its electric cars and software to power its humanoid robot Optimus.
The terms of any revenue-sharing agreement between xAI and Tesla would depend in part on how extensively Tesla relied on xAI's technology as opposed to its own, the report said, adding xAI executives have discussed an even revenue split from Tesla's FSD.
xAI could not be reached for a comment.
Musk launched xAI last year to compete with Microsoft-backed OpenAI. It sparked concerns he might allocate some resources of the carmaker to the AI company.
He has said xAI would be "helpful in advancing full self-driving and in building up the new Tesla data centre", adding there were opportunities to integrate xAI's chatbot, Grok, with Tesla's software.
In July, the billionaire CEO said he and the Tesla board would discuss a $5bn (about R89,403,247,500) investment in xAI.
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