News Summary

Mike Liberatore, the Chief Financial Officer of xAI, recently left the company, marking another significant executive exit. Liberatore, who joined xAI in April, played a crucial role in the company’s financial strategy, helping orchestrate a $5 billion debt raise and an additional $5 billion in equity, primarily sourced from SpaceX. His departure follows the exits of xAI’s general counsel Robert Keele and co-founder Igor Babuschkin, who left to start his own venture capital firm focusing on AI safety research. This series of departures raises questions about the stability and future direction of Elon Musk’s AI firm.