Sept 7 (Reuters) - Elon Musk denied a report that his
artificial intelligence startup xAI has held talks for a share
in future Tesla revenue in return for giving Musk's
electric vehicle maker access to xAI's technology and resources.
The Wall Street Journal reported on Saturday that Tesla
would license xAI's artificial-intelligence models to help power
its driver-assistance software, full self-driving technology and
share some of that revenue with the startup, according to the
proposed arrangement as described to investors.
"Tesla has learned a lot from discussions with engineers at
xAI that have helped accelerate achieving unsupervised FSD, but
there is no need to license anything from xAI," Musk posted late
on Saturday on his social media platform X, adding that the
report is "not accurate."
The Journal, citing people familiar with the matter whom it
did not identify, said xAI would support the development of
other features for Tesla, including a voice assistant in its
electric cars and software to power its humanoid robot Optimus.
The terms of any revenue-sharing agreement between xAI and
Tesla would depend in part upon how extensively Tesla relied on
xAI's technology as opposed to its own, the report said, adding
that xAI executives have discussed an even revenue split from
Tesla's FSD.
xAI could not be reached for a comment.
Musk launched xAI last year to compete with Microsoft ( MSFT )-backed
OpenAI. It sparked concerns that he might allocate some
resources of the automaker to the AI company.
He has said xAI would be "helpful in advancing full
self-driving and in building up the new Tesla data center,"
adding that there were opportunities to integrate xAI's chatbot,
Grok, with Tesla's software.
In July, the billionaire CEO said he and the Tesla board
would discuss a $5 billion investment in xAI.