Elon Musk held an “all hands meeting” with xAI (X.AI) employees, as the generative artificial intelligence unit of SpaceX (SPACE) has seen considerable amounts of founder turnover.
Among the topics discussed were artificial intelligence agents that will be able to create videos taken from your imagination, CNBC reported.
The company also posted a video of an all-hands meeting on X on Wednesday, where topics ranged from its product roadmap, its link to X (formerly known as Twitter), and even discussing SpaceX’s ambition to make life interplanetary, were discussed.
News of the all-hands meeting, which also discussed building an AI satellite on the moon, was first reported by The New York Times.
The meeting comes as xAI has seen several of its founders leave recently, including two this week – Tony Wu and prominent AI researcher Jimmy Ba. As of this month, six of the 12 original co-founders have left the AI lab for various reasons.
Musk addressed the brain drain in a post on X, stating that change is inevitable as a company grows.
“xAI was reorganized a few days ago to improve speed of execution,” Musk wrote. “As a company grows, especially as quickly as xAI, the structure must evolve just like any living organism. This unfortunately required parting ways with some people. We wish them well in future endeavors. We are hiring aggressively. Join xAI if the idea of mass drivers on the Moon appeals to you.”
Musk, who also heads up SpaceX and Tesla (TSLA), has been busy reorganizing his empire in recent memory. Earlier this year, he brought xAI, which competes with OpenAI (OPENAI) (Musk is currently in the midst of a lawsuit with OpenAI) and Anthropic (ANTHRO), under the SpaceX umbrella. The combined company is worth approximately $1.25T and is reportedly getting ready to go public.
Earlier this month, William Blair analyst Jed Dorsheimer said he sees a logical path to merge the newly combined SpaceX-xAI with Tesla, citing the strategic alignment of power, energy, and autonomy across Musk’s portfolio of companies.
Musk recently confirmed that Tesla would invest about $2B into xAI. “We just had like a lot of investors ask us to do this as there’s a lot of investors or Tesla shareholders say like, we should invest in xAI,” Musk said during Tesla’s recent earnings call.