Home » Alternate » Elon Musk’s xAI names veteran Morgan Stanley banker Anthony Armstrong as new CFO: FT
Oct. 7, 2025
Armstrong’s appointment signals xAI’s commitment to scaling operations and financial procedure at some stage in a pivotal time of aggressive AI trend and acquisitions.
Key Takeaways
- xAI, led by Elon Musk, has appointed Anthony Armstrong as its new Chief Monetary Officer (CFO).
- The appointment is half of xAI’s efforts to enhance its govt leadership at some stage in a interval of like a flash snarl and trend.
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xAI, Elon Musk’s AI firm, has appointed Anthony Armstrong as its new Chief Monetary Officer, in retaining with the Monetary Occasions.
The leadership appointment comes as xAI positions itself in the aggressive artificial general intelligence landscape. In August 2025, Musk indicated by process of his official X story that xAI had “your entire items” nearly in blueprint to win artificial general intelligence.
xAI received the social platform X in an all-stock transaction in March 2025, integrating it into operations to enhance AI model practicing and info heart trend. The firm is also creating Grokipedia, which Musk described in September 2025 as a fundamental enchancment over present encyclopedias, geared toward advancing xAI’s aim of working out the universe by AI.
The CFO appointment reflects xAI’s expansion half as it builds evolved AI infrastructure and pursues strategic acquisitions. Armstrong will lead financial oversight for Musk’s AI venture and social platform X.
