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xAI News: xAI And Tesla Discuss Revenue Sharing Deal

September 8, 2024

xAI Unicorn News - September 08, 2024

Elon Musk's AI startup xAI is in talks with Tesla to provide AI technology in exchange for a share of Tesla's future software revenue. The deal could enhance Tesla's self-driving technology and support the development of a voice assistant and software for Tesla's humanoid robot, Optimus.

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( 00:00:31 ) Musk's xAI Discusses Revenue Sharing Deal with Tesla

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Elon Musk's AI startup, xAI, and Tesla are reportedly in discussions about a deal where xAI would provide its AI technology to Tesla in exchange for a share of Tesla's future software revenue. This collaboration aims to enhance Tesla's full self-driving technology, develop a voice assistant for Tesla's electric cars, and create software for Tesla's humanoid robot, Optimus. The revenue-sharing terms would depend on the extent of Tesla's use of xAI's technology, with the possibility of an even revenue split from the full self-driving technology. Neither Tesla nor xAI have commented on the report.

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Linqto leverages advanced artificial intelligence (AI) technologies to generate Unicorn News to summarize updates about private companies. The news summaries and audio are both AI generated, based on the source(s) listed.