Tech In Depth

Tesla Investors Debate Whether to Throw a Lifeline to xAI

The logo of xAI on a smartphone.

Photographer: Andrey Rudakov/Bloomberg
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Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Ed Ludlow looks at the interlocking relationship between Elon Musk’s artificial intelligence firm, xAI, and his carmaker, Tesla.

Anthropic’s piracy settlement: AI startup Anthhropic agreed to pay at least $1.5 billion to resolve an authors’ copyright lawsuit over the company’s downloading of millions of pirated books, one of the largest settlements over artificial intelligence and intellectual property to date.