ElonMuskhas appointedformerMorganStanleybankerAnthony Armstrong as thenewchief financial officer of his artificial intelligence groupxAI, the Financial Times reported on Monday.
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ElonMuskhas appointedformerMorganStanleybankerAnthony Armstrong as thenewchief financial officer of his artificial intelligence groupxAI, the Financial Times reported Monday.
Armstrong will lead the finance operations for bothxAIand social media platform X, the report said, citing several people familiar with the matter.
xAIand X did not immediately respond to a Reuters request for comment.
Armstrong will replace Mike Liberatore asCFO. Liberatore leftthe artificial intelligence startup this year following clashes with members ofMusk’s inner circle over corporate structure and aggressive financial targets, the report said.
Armstrong has emerged as a close lieutenant in recent years, including duringMusk’s stint in Washington at the Department of Government Efficiency, the report added.
MusklaunchedxAIin 2023 to challenge Big Tech’s AI push, accusing industry leaders of excessive censorship and lax safety standards.
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