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Reading: Elon Musk’s xAI names former Morgan Stanley banker Anthony Armstrong as new CFO: FT
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Elon Musk’s xAI names former Morgan Stanley banker Anthony Armstrong as new CFO: FT

Editor
Last updated: October 7, 2025 6:05 am
Editor
Published: October 7, 2025
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Elon Musk’s xAI names former Morgan Stanley banker Anthony Armstrong as new CFO: FT


Key Takeaways

  • xAI, led by Elon Musk, has appointed Anthony Armstrong as its new Chief Monetary Officer (CFO).
  • The appointment is a part of xAI’s efforts to strengthen its government management throughout a interval of fast progress and improvement.

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xAI, Elon Musk’s AI firm, has appointed Anthony Armstrong as its new Chief Monetary Officer, in keeping with the Monetary Instances.

The management appointment comes as xAI positions itself within the aggressive synthetic common intelligence panorama. In August 2025, Musk indicated through his official X account that xAI had “all of the items” almost in place to realize synthetic common intelligence.

xAI acquired the social platform X in an all-stock transaction in March 2025, integrating it into operations to boost AI mannequin coaching and knowledge heart improvement. The corporate can also be creating Grokipedia, which Musk described in September 2025 as a significant enchancment over current encyclopedias, geared toward advancing xAI’s purpose of understanding the universe by AI.

The CFO appointment displays xAI’s growth part because it builds superior AI infrastructure and pursues strategic acquisitions. Armstrong will lead monetary oversight for Musk’s AI enterprise and social platform X.

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Reading: Elon Musk’s xAI names former Morgan Stanley banker Anthony Armstrong as new CFO: FT
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