Photo: reuters.com
Musk names veteran banker Anthony Armstrong as xAI finance chief, FT says
Elon Musk has appointed veteran banker Anthony Armstrong as chief financial officer of his AI venture xAI, signaling a strategic move in Musks tech ambitions.
- Anthony Armstrong, a former banker at Morgan Stanley, has been named chief financial officer of xAI, the artificial intelligence group founded by Elon Musk.
- Armstrong previously advised Musk during the acquisition of Twitter, indicating a strong relationship as he takes on this crucial financial role.
- The appointment comes as xAI aims to expand its operations in the competitive AI landscape, reflecting Musks broader ambitions in technology and social media.
Why It Matters
This appointment highlights Musks focus on integrating experienced financial leadership into his tech ventures, particularly as AI becomes increasingly central to innovation and business strategies across industries.