{"id":38134,"date":"2023-07-20T08:48:22","date_gmt":"2023-07-20T12:48:22","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/teslas-elon-musk-says-his-new-company-xai-will-enhance-tesla-value\/"},"modified":"2023-07-20T08:48:24","modified_gmt":"2023-07-20T12:48:24","slug":"teslas-elon-musk-says-his-new-company-xai-will-enhance-tesla-value","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=38134","title":{"rendered":"Tesla\u2019s Elon Musk says his new company xAI will \u2018enhance\u2019 Tesla value"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002299585\" role=\"document\">\n<p>Tesla Inc.<br \/>\n        TSLA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203558040\/lastsale\" class=\"negative\">-0.71%<\/bg-quote><br \/>\n       Chief Executive Elon Musk said that his new venture, a startup focusing on artificial intelligence, will not compete with the EV maker but instead may even \u201cenhance the value of Tesla.\u201d Speaking at Tesla\u2019s conference call after quarterly results late Wednesday, Musk said that xAI, whose launch he announced on Twitter last week, was a way to retain \u201csome of the world\u2019s best AI engineers and scientists\u201d who were not interested in joining Tesla but were open to coming to a startup, Musk said. The AI startup initially will focus on artificial general intelligence, Musk said. AGI is a type of AI generally understood to come to closest to human cognition.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/teslas-elon-musk-says-his-new-company-xai-will-enhance-tesla-value-537ecaeb?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla Inc. TSLA, -0.71% Chief Executive Elon Musk said that his new venture, a startup focusing on artificial intelligence, will not compete with the EV maker but instead may even \u201cenhance the value of Tesla.\u201d Speaking at Tesla\u2019s conference call after quarterly results late Wednesday, Musk said that xAI, whose launch he announced on Twitter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-38134","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tesla\u2019s Elon Musk says his new company xAI will \u2018enhance\u2019 Tesla value | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Tesla Inc. TSLA, -0.71% Chief Executive Elon Musk said that his new venture, a startup focusing on artificial intelligence, will not compete with the EV\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=38134\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tesla\u2019s Elon Musk says his new company xAI will \u2018enhance\u2019 Tesla value | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Tesla Inc. TSLA, -0.71% Chief Executive Elon Musk said that his new venture, a startup focusing on artificial intelligence, will not compete with the EV\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=38134\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-20T12:48:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-20T12:48:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/MW-GP644_MicroS_ZG_20180906154215.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1320\" \/>\n\t<meta property=\"og:image:height\" content=\"742\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=38134#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=38134\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Tesla\u2019s Elon Musk says his new company xAI will \u2018enhance\u2019 Tesla value\",\"datePublished\":\"2023-07-20T12:48:22+00:00\",\"dateModified\":\"2023-07-20T12:48:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=38134\"},\"wordCount\":135,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=38134#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=38134\",\"url\":\"https:\/\/ifintechworld.com\/?p=38134\",\"name\":\"Tesla\u2019s Elon Musk says his new company xAI will \u2018enhance\u2019 Tesla value | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-07-20T12:48:22+00:00\",\"dateModified\":\"2023-07-20T12:48:24+00:00\",\"description\":\"Tesla Inc. 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