Elon's AI venture being touted as part of the "Muskonomy"
Posted on AllSides May 18th, 2024
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Investing in Elon Musk's xAI is an opportunity to get involved in "the Muskonomy" of ventures fronted by one of the world's wealthiest men. Why it matters: xAI is said to be raising as much as $6 billion to catch up to rivals like OpenAI and Anthropic, and it needs a compelling story for investors. The big picture: xAI's close relationship with X — formerly known as Twitter — is key to its potential success and one aspect of the "Muskonomy," according to the deck prepared by Brookfield late last...