Elon Musk's AI company, xAI, now has a new chief financial officer: Former Morgan Stanley banker Anthony Armstrong, the Financial Times reported, citing anonymous sources. Armstrong, who previously advised Musk during the Twitter deal, will oversee the finances of both xAI and X, which were merged in April, the report said. The former banker has been working with xAI for several weeks and was only recently appointed as CFO, the FT added.
A leadership shakeup is brewing within xAI's data annotation team. At least nine high-level employees appear to no longer be with the team. Their Slack accounts were deactivated over the weekend, according to screenshots seen by Business Insider. The employees worked on the human data management team, which oversees the AI tutors who train Grok. Previously, the managerial ranks included around a dozen people, according to a review of LinkedIn profiles and workers with knowledge of the team.