xAI’s CFO is the latest executive to leave Elon Musk’s AI firm

Elon Musk's artificial intelligence firm, xAI, has seen another high-profile departure, with its Chief Financial Officer, Mike Liberatore, leaving the company. During his tenure, Liberatore played a key role in securing xAI's $5 billion debt raise and an additional $5 billion in equity, with nearly half of the equity coming from Musk's other company, SpaceX. This latest executive exit follows a series of notable departures from xAI, including the departure of several top researchers and engineers. The reasons behind Liberatore's departure have not been officially disclosed, but it comes at a time when Musk's companies are facing various challenges, including regulatory scrutiny and concerns over the rapid development of advanced AI systems. The news highlights the ongoing changes and turmoil within xAI, as the company navigates the complex landscape of AI development and the demands of its high-profile founder, Elon Musk.