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Investing.com -- SpaceX's (NASDAQ:SPCX) artificial intelligence division has eliminated roughly 60 roles from the team developing its Grok Imagine video and image generation tool, according to a report from The Information. The layoffs leave only a small crew to maintain the product, signaling a decisive pivot in resource allocation as Elon Musk's combined aerospace and AI enterprise consolidates its operations. Our AI stock portfolio is beating the S&P 500 by 118%. Discover the stocks we're buying and the opportunities we're watching next. Exclusive for Yahoo! Finance readers: 55% off for Black Friday, plus an extra 15% at checkout. Subscribe today!
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