Former Elon Musk names, Morgan Stanley Banker, in the new financial manager xi

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Illon Mousse, former banker Morgan Stanley Anthony Armstrong as a new financial president for his Xai artificial intelligence group, represents the latest disposal of his executive ranks.

The financier, who advised the TWTTER seizure, has emerged as a major lieutenant for musk in recent years, including during the billionaire period in Washington in the so -called Ministry of Governmental efficiency (DOGE).

He will head the financing function for each of the Xai and Social Media X, according to several people knowing this issue. Musk X and Xai was combined in March, with the joint group assessing $ 113 billion.

The change of the financial manager in Xai also offers Musk with a A series of higher departure Through his work. Linda Yakarino, CEO of X, resigned in July. The General Adviser of Xai Robert Kelly and former financial manager Mike Liberator left during the summer.

Armstrong works with xi For several weeks, he was officially appointed to the company’s financial manager in recent days, one person said.

Its X -Logo now holds the Xai logo in its name indicates that it is an employee in the company.

Armstrong and Xai did not respond to the suspension requests.

Musk doubled on his bet on artificial intelligence, as he was racing to build advanced models to compete with the likes of Openai and Google DeepMind, with an investment in an expensive infrastructure to support these aspirations.

Xai is recently discussing a new financing round that would estimate the company about 200 billion dollars, according to investors in the group, adding that the tour has not yet been closed.

Armstrong will also be assigned to return social media work to financial health after the exit from advertisers, after Musk relaxed the standards of moderation in the content and informed the marketers who did not agree to his approaches to “go” themselves.

As head of the global integration of technology and acquisition in Morgan Stanley, ARMSTRONG was part of the MUSK team to facilitate the acquisition of X, then Twitter, then Twitter. The people said that Armstrong and Misk grew up close to the deal, which was presented by Morgan Stanley for financing, the people were divided.

Recently, Armstrong worked in the Trump administration as a senior consultant to the employee management office, where Musk enacted his efforts to reduce costs before he fell with President Donald Trump. Armstrong left the administration during the summer.

Armstrong will replace Liberatore as the financial manager, who defected to Openai after three months in this role. People who have knowledge of the issue said that Liberation left after engaging with some of the internal circle to hold on the structure of companies and difficult financial goals.

Armstrong will also take over the duties of XMoud Reza Banki, who will leave less than a year to this role, according to three people who are aware of this issue. Banki did not respond to the comment.

Participated in additional reports of George Hammond in San Francisco