Elon Musk appoints former Morgan Stanley executive as CFO of xAI

Tesla CEO Elon Musk has reported appointed Anthony Armstrong a former global head of tech M&A at Morgan Stanley as the new chief financial officer (CFO) of his artificial intelligence company — xAI. According to a report by the Financial Times, Armstrong will oversee the financial operations at xAI and social media platform X (formerly known as Twitter). The appointment of Armstrong comes at a time when executives are resigning from Elon Musk’s companies including exit of xAI’s previous CFO Mike Liberatore. Mile reportedly left the company after some internal clashes over the corporate structure and aggressive financial targets.

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