Elon Musk’s xAI Eyes Share of Future Tesla Revenue in Potential Deal – Tesla (NASDAQ:TSLA)

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Elon Musk‘s AI venture xAI is reportedly discussing a potential deal with Tesla Inc. The deal would involve Tesla licensing AI models from xAI for its Full Self-Driving software.

What Happened: The proposed deal would entail Tesla sharing a portion of its revenue with xAI. In return, xAI would contribute to the development of additional features for Tesla, such as a voice assistant similar to Siri and software for Tesla’s humanoid robot, Optimus.

The specifics of the revenue-sharing agreement would be contingent on the extent to which Tesla utilizes xAI’s technology in comparison to its own. Discussions between xAI executives and Tesla have reportedly included the possibility of an even revenue split from Tesla’s Full Self-Driving (FSD) service, reports The Wall Street Journal.

Musk has been vocal about his belief that Tesla’s future is heavily dependent on advancements in robotics and artificial intelligence….

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