Musk’s xAI Loses Its Third Co-Founder This Month

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Toby Pohlen, a co-founder of Elon Musk’s artificial intelligence company xAI, has left the firm only weeks after Musk expanded his role during a major internal restructuring. Interestingly, Pohlen is just one of several senior employees who have exited recently. Importantly, these departures are happening at the same time as xAI’s acquisition by SpaceX, which suggests that the company is going through a period of significant internal change.

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Notably, Pohlen co-founded xAI in 2023 after previously working at Google DeepMind GOOGL +0.06% ▲ , and he was recently put in charge of a group called Macrohard. This team’s mission was to build “human emulators,” which are AI systems designed to perform the same computer-based tasks as white-collar workers. At a company-wide meeting earlier this month, Pohlen described the project by saying the AI could eventually handle complex work in areas like engineering and medicine. He even suggested that artificial intelligence might one day be capable of designing entire rocket engines on its own.

However, following Pohlen’s departure, only five of xAI’s original 12 founders remain at the company. In fact, two other co-founders, Tony Wu and Jimmy Ba, had already left earlier in the month, shortly after the SpaceX acquisition was announced. Interestingly, before the merger, Musk had reportedly been frustrated by delays in developing xAI’s Grok AI models, according to The Information.

What Is the Prediction for TSLA Stock?

When it comes to Elon Musk’s companies, most of them are privately held. However, retail investors can invest in his most popular company, Tesla TSLA -2.18% ▼ . Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 12 Buys, 11 Holds, and seven Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $396.80 per share implies that shares are trading near fair value.

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