Elon Musk’s xAI considers buying Character.ai- The Information
Trending Articles- Markets in 2026: Will gold, Bitcoin, and the U.S. dollar make history again? — These are how leading institutions think
- Crypto Meltdown. 240,000 Liquidated, $100 Billion Wiped Off Crypto Market Cap.
- Gold nears $4,700 record as US–EU trade war fears ignite haven rush
- Gold Price Forectast: XAU/USD rises above $4,600 on US rate cut expectations, Fed uncertainty
- Gold Price Forecast: XAU/USD surges to all-time high above $4,650 amid Greenland tariff threats
- US-Europe Trade War Reignites, Bitcoin’s $90,000 Level at Risk
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
* 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.
