PANews reported on July 14 that according to the Wall Street Journal, Elon Musk's SpaceX has agreed to invest $ 2 billion in its artificial intelligence company xAI , an amount close to half of the latest round of financing for the Grok chatbot developer. Musk has previously used the resources of his business empire to support xAI , which is trying to catch up with OpenAI . Earlier this year, xAI merged with the X platform, and the new company was valued at $ 113 billion.