ELON Musk denied a report that 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 Sunday that Tesla would license xAI’s artificial intelligence models to help power its driver-assistance software full self-driving technology and share some of that revenue with the startup, according to the proposed arrangement described to investors.
“Tesla has learned a lot from discussions with engineers at xAI that have helped accelerate achieving unsupervised FSD (full self-driving), but there is no need to license anything from xAI,” Musk posted late on Sunday on his social media platform X, adding that 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 upon how extensively Tesla relied on xAI’s technology as opposed to its own, the report said, adding that xAI executives have discussed an even revenue split from Tesla’s FSD.
xAI could not be reached for comment.
Musk launched xAI last year to compete with Microsoft-backed OpenAI. It sparked concerns that he might allocate some resources of the automaker to the AI company.
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