Baris Akis

Person

Last mentioned: 2h ago

Timeline

  1. The Apology

    Musk admits xAI was built incorrectly and announces a foundational rebuild.

  2. Cofounder Exodus

    Prominent researchers Jimmy Ba and Tony Wu depart amid performance tensions.

  3. SpaceX Merger

    SpaceX acquires xAI in a deal valuing the combined entity at $1.25 trillion.

  4. Tesla Investment

    Tesla discloses $2B investment in xAI Series E round in Q4 shareholder letter.

  5. xAI Launch

    Musk launches xAI with 12 cofounders to 'understand the universe.'

Stories mentioning Baris Akis 1

Markets Bearish

Musk Admits xAI 'Not Built Right' Amid SpaceX Merger and Tesla Legal Heat

Elon Musk has issued a rare public apology, admitting that his AI startup xAI was fundamentally flawed and is being rebuilt from the foundations up. This admission comes just weeks after a $1.25 trillion merger with SpaceX and amid intensifying shareholder lawsuits over the diversion of Tesla resources.

4 sources