xAI Potential Investors Focus on ‘Muskonomy,’ OpenAI Success

Feb. 5, 2024, 11:46 PM UTC

Potential investors in Elon Musk’s new artificial intelligence startup, xAI, are focusing on two key selling points: access to the billionaire’s constellation of companies — referred to as the “Muskonomy” — and the early success of one of its biggest competitors, OpenAI.

Musk’s track record and OpenAI feature prominently in a slide deck circulating among potential xAI investors in December and January, according to copies reviewed by Bloomberg. The presentation includes a slide showcasing the “key attributes that drove OpenAI’s success,” such as strategic partnerships and access to capital, and a side-by-side comparison showing xAI’s similarities.

Another slide features ...

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