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  • 4 months ago
Several executives have departed Elon Musk’s artificial intelligence startup xAI following disputes with two of his closest advisers over management structure and financial concerns, according to The Wall Street Journal. Departures include former xAI CFO Mike Liberatore, co-founder Igor Babuschkin, general counsel Robert Keele, and Linda Yaccarino, who had been CEO of X. Some executives questioned the company’s financial projections and the role of Musk’s family office in handling xAI’s accounts. Musk’s lawyer Alex Spiro dismissed the concerns as false, saying PricewaterhouseCoopers audits the financials. xAI is spending heavily on GPUs and data centers to power its Grok chatbot, recently criticized for spreading violent and antisemitic content. A spokeswoman said Musk leads xAI with unwavering vision and commitment, prioritizing the advancement of AI for humanity’s benefit.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Several executives as a part of Elon Musk's artificial intelligence startup, XAI,
00:06following disputes with two of his closest advisors over management structure and financial concerns,
00:11and according to The Wall Street Journal.
00:12Partnerships include former XAI CFO Mike Liberatore, co-founder Igor Babushkin,
00:17General Counsel Robert Keel, and Linda Yaccarino, who would have been CEO of X.
00:21Some executives questioned the company's financial projections
00:23and the role of Musk's family office in handling XAI's accounts.
00:27Musk's lawyer, Alex Spiro, dismissed the concerns as false,
00:30saying PricewaterhouseCoopers audits the financials.
00:32XAI is spending heavily on GPUs and data centers to power its GROC chatbot,
00:37recently criticized for spreading violent and anti-Semitic content.
00:40Spokeswoman said Musk leads XAI with unwavering vision and commitment,
00:44prioritizing the advancement of AI for humanity's benefit.
00:47For all things money, visit Benzinga.com.
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