Elon Musk's SpaceX Could Invest $2 Billion in xAI
SpaceX – the aerospace company founded by billionaire Elon Musk – is considering investing $2 billion in xAI, an artificial intelligence startup also founded by Musk.
The investment is part of a $5 billion equity and $5 billion debt financing plan that Morgan Stanley announced in late June. It will be SpaceX’s first investment in xAI and one of SpaceX’s largest outside investments.

SpaceX Starship prepares to leave the launch pad (Source: Reuters)
SpaceX is already using xAI's Grok chatbot in customer service for Starlink, with plans to expand the application further.
Elon Musk continues to pursue cross-company collaborations, such as the merger of xAI with social media platform X (formerly Twitter). Although xAI’s Grok chatbot has recently been the subject of controversy due to anti-Semitic comments, Tesla is still planning to integrate Grok into its vehicles.
Meta continues to acquire a voice-copying AI company
According to a report from Bloomberg, Meta has just completed the acquisition of PlayAI, a California startup that specializes in developing AI voice cloning technology. PlayAI's tool allows users to recreate their voices, creating realistic new voices for use on websites, apps, and phones.
The entire PlayAI team will join Meta next week, working under Johan Schalkwyk, former director of voice AI research at Google. Meta says it’s a great addition to its products like Meta AI, AI Characters, and wearables.

Meta pushes forward with its goal of perfecting its AI project (Source: Meta)
The value of the deal has not been disclosed, but it is part of a massive hiring and investment spree by Meta. CEO Mark Zuckerberg is leading the AI Superintelligence Lab, which aims to develop artificial intelligence that is smarter than humans. Meta also recently invested $14.3 billion in Scale AI and has recruited experts from rivals like OpenAI, Google, and Apple.
GM remains committed to the electric vehicle future
In an exclusive interview with The Verge at the Le Mans race in France, General Motors CEO Mary Barra reaffirmed her commitment to the goal of fully electric vehicles (EVs), despite facing many challenges from the Trump administration.

GM aims to maintain its leading position in the electric vehicle market in the US (Source: GM)
GM has pledged to “go all-electric by 2035,” but is now adjusting its plans to be more flexible due to consumer readiness and slow charging infrastructure. “We believe in the future of electric vehicles, but customers will lead the way,” said GM CEO Barra.
Under new policies like Trump’s Big Beautiful Bill, GM no longer has incentives for EVs, forcing the company to slow down its rollout. However, GM is still making good profits on its existing electric vehicles, proving that the market potential is still large.
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