Elon Musk Denies Tesla-xAI Revenue Sharing Report
In a recent report by The Wall Street Journal, it was suggested that Tesla and xAI, one of Elon Musk’s companies, were discussing a revenue-sharing agreement. The proposed agreement would involve Tesla utilizing xAI’s AI models in its driver-assistance software and collaborating on the development of features such as a voice assistant and software for Tesla vehicles. However, Elon Musk took to his social media platform X (formerly Twitter) to deny the report, stating that it was “not accurate.”
According to Musk, while Tesla has learned a lot from discussions with engineers at xAI, there is no need to license anything from the startup. He explained that xAI’s models are too large to run on Tesla’s inference computer and emphasized that Tesla wouldn’t want to use them in the first place. Musk further described the xAI models as containing compressed human knowledge, highlighting their immense size and potential.
xAI, a competitor to OpenAI that was founded by Musk, has been making waves in the AI industry. The startup recently closed a $6 billion funding round, with a vision to train its models on data from Musk’s various companies, including Tesla, SpaceX, The Boring Company, Neuralink, and X. The goal is to improve technology across these companies using xAI’s advanced AI models.
However, Tesla shareholders have filed a lawsuit against Musk, claiming that his decision to start xAI has diverted talent and resources away from Tesla to a competing company. This legal battle highlights the potential conflicts of interest that arise when an entrepreneur like Musk has multiple ventures within the same industry.
Musk’s denial of the revenue-sharing report indicates that Tesla and xAI are not currently collaborating in the manner described by The Wall Street Journal. However, it is worth noting that Musk acknowledged the value of discussions with xAI engineers in accelerating Tesla’s progress towards achieving unsupervised Full Self-Driving (FSD). This reveals the potential benefits of collaboration between Musk’s companies and xAI, even if a revenue-sharing agreement is not currently on the table.
The field of AI continues to evolve rapidly, and partnerships and collaborations between companies are becoming increasingly common. The denial of the revenue-sharing report does not rule out the possibility of future collaborations between Tesla and xAI or any of Musk’s other ventures. As AI technology advances, it is likely that companies will seek to leverage each other’s expertise and resources to drive innovation and improve their products and services.
In conclusion, Elon Musk has denied the report of a revenue-sharing agreement between Tesla and xAI. While collaborations between Musk’s companies and xAI have the potential to accelerate technological advancements, there is currently no indication of a formal partnership. However, the denial does not rule out future collaborations, as AI continues to shape various industries and companies seek to leverage each other’s strengths. As the AI landscape evolves, it will be interesting to see how companies like Tesla and xAI navigate their relationships and contribute to the development of this transformative technology.