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Musk’s XAI is in talks for a stake in Tesla’s future earnings, WSJ By Reuters reports

© Reuters. FILE PHOTO: The xAI logo is seen next to a computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – Elon Musk’s AI startup xAI has discussed a deal that would give it some revenue from Musk’s Tesla (NASDAQ: ) in exchange for giving the electric vehicle maker access to its technology and resources , the Wall Street Journal reported on Saturday.

Under a proposed arrangement, as described to investors, Tesla would license xAI’s artificial intelligence models to help fully power its self-driving technology and share a portion of those revenues with the startup, the paper said, citing people familiar with the problem.

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