Investors familiar with the matter told The Wall Street Journal that the rocket company SpaceX has agreed to invest a whopping $2 billion in xAI, the Musk-led firm behind the controversial large language model Grok. This investment makes up almost half of the $5 billion of equity that the AI company raised last month.

WASHINGTON - Elon Musk's AI company, xAI, has secured a $200 million contract from the US Department of Defense, despite recent backlash over its chatbot Grok. The deal aims to boost artificial intelligence capabilities across military operations.