Mike Liberatore, xAI's chief financial officer, left the company after joining in April and departing around the end of July. He helped orchestrate a $5 billion debt raise and an additional $5 billion in equity, nearly half of which came from SpaceX. Liberatore also oversaw portions of xAI's data center expansion in Memphis. His exit follows other senior departures: general counsel Robert Keele left in August after roughly a year, and senior lawyer Raghu Rao left around the same time. Co-founder Igor Babuschkin departed to start a VC firm focused on AI safety. Linda Yaccarino resigned in July following concerning behavior from Grok; xAI acquired X in late March.
"Mike Liberatore, xAI's chief financial officer, has left the company, according to reporting from The Wall Street Journal. This marks the latest in a string of high-profile executive departures. The former Airbnb executive joined the company in April and left around the end of July, per WSJ. While at xAI, he helped orchestrate the company's $5 billion debt raise, alongside another $5 billion in equity - almost half of which came from SpaceX."
"Liberatore's departure comes after xAI's general counsel, Robert Keele, left in August - a little over a year on the job. Raghu Rao, a senior lawyer, left around the same time as Keele and Liberatore, per WSJ. Igor Babuschkin, an xAI co-founder, announced his departure last month, saying he left the company to launch his own VC firm dedicated to AI safety research."
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]