Elon Musk’s xAI considers buying Character.ai- The Information

Mitrade
Trending Articles
coverImg
Source: Shutterstock

Investing.com-- Elon Musk’s xAI start-up is considering buying chatbot maker Character.ai as it seeks more ways to test its flagship artificial intelligence models, The Information reported on Wednesday.


xAI held internal discussions over a potential offer, and may not result in a deal, The Information report said, citing a source that spoke with xAI management over the deal.


Character.ai allows users to develop chatbots that are capable of generating human-like text responses and can hold conversations. The company was founded by former Google (NASDAQ:GOOGL) engineers Noam Shazeer and Daniel De Freitas. 


Musk formed xAI in 2023, joining a slew of major technology companies as they raced to roll out their own AI offerings after the launch of ChatGPT. 


xAI’s flagship model, Grok, is accessible on the social media platform X, formerly known as Twitter, which Musk had bought in 2022. Musk had said X would own about 25% of xAI. 


In July, Musk had asked his X followers whether Tesla Inc (NASDAQ:TSLA) should invest $5 billion in xAI. He had also flagged a potential integration of xAI technology into Tesla’s self-driving features.

Read more

  • When Will the Gold Dilemma Be Resolved? Breakdown of US-Iran Negotiations Puts Gold Prices Under Pressure Again, Can It Return to $5,000?
  • * The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

    goTop
    quote
    Related Articles
    placeholder
    How Will the U.S.-Iran Situation Evolve? What Is Behind the Nasdaq’s Record High?The conflict in the Middle East escalated further over the weekend. Optimistic signals released by Trump were refuted by the Iranian side. According to Reuters, the U.S. military seized a
    Author  TradingKey
    Apr 20, Mon
    The conflict in the Middle East escalated further over the weekend. Optimistic signals released by Trump were refuted by the Iranian side. According to Reuters, the U.S. military seized a
    placeholder
    Who Can Challenge TSMC? Q1 Net Profit Jumps 58% Year-on-Year, AI Demand Becomes Biggest Driver On April 16, TSMC ( TSM) reported its first-quarter 2026 financial results, with core financial metrics exceeding market expectations across the board and profitability achieving a breakt
    Author  TradingKey
    Apr 16, Thu
    On April 16, TSMC ( TSM) reported its first-quarter 2026 financial results, with core financial metrics exceeding market expectations across the board and profitability achieving a breakt
    placeholder
    Today’s Market Recap: US and Iran Signal Willingness to End Conflict, Three Major US Stock Indexes Surge, Dollar Ends Five-Day Winning StreakAs the U.S. and Iran signaled a de-escalation of their conflict, market risk appetite recovered significantly, with the three major U.S. stock indices rebounding sharply to record their l
    Author  TradingKey
    Apr 01, Wed
    As the U.S. and Iran signaled a de-escalation of their conflict, market risk appetite recovered significantly, with the three major U.S. stock indices rebounding sharply to record their l
    placeholder
    Seesaw Effect Continues. US Pre-Market Three Major Index Futures Weaken, Oil Prices Rise, Bitcoin Drops Below 68,000 MarkAgainst a backdrop of intertwined geopolitical risks and macroeconomic uncertainty, global market sentiment has repeatedly diverged. In Friday pre-market trading ET, the three major U.S.
    Author  TradingKey
    Mar 27, Fri
    Against a backdrop of intertwined geopolitical risks and macroeconomic uncertainty, global market sentiment has repeatedly diverged. In Friday pre-market trading ET, the three major U.S.
    placeholder
    Trump Wants TACO? The Script for an Iran War May No Longer Be His to WriteThe US-Israel-Iran conflict enters its second week as new developments emerge in the situation.On March 9 local time, U.S. President Trump sent a clear signal during a press conference, s
    Author  TradingKey
    Mar 11, Wed
    The US-Israel-Iran conflict enters its second week as new developments emerge in the situation.On March 9 local time, U.S. President Trump sent a clear signal during a press conference, s
    Live Quotes
    Name / SymbolChart% Change / Price
    TSLA
    TSLA
    0.00%0.00
    NAS100
    NAS100
    0.00%0.00
    GOOG
    GOOG
    0.00%0.00
    NVDA
    NVDA
    0.00%0.00

    Stocks Related Articles

    • Practice Trading Us Stocks? These Are 10 Best Stock Trading Demo Apps For Beginners
    • 3 Best Day Trading Platforms for Beginners and Pro Traders in 2026: A Practical Guide
    • ​5 Best Paper Trading Platforms for 2026 (Free Demo Accounts for Beginners & Traders)
    • Wall Street’s Top 10 US Stocks for 2026 vs What Reddit Is Actually Buying
    • Is Mitrade Right for You? A Complete Guide on How to Start Trading CFDs in 5 Steps
    • 7 Real AI Stocks Worth Buying in 2026 (And the Speculative Ones to Sell Before the Next Crash)

    Click to view more