xAI hires former Morgan Stanley banker Anthony Armstrong as CFO

Elon Mask’s AI Company Jai, now has a new Chief Financial Officer: Former Morgan Stanley Banker Antony Armstrong, The Financial Times ReportBy quoting anonymous sources.

The report said that Armstrong, who had previously advised Kasturi during the Twitter Agreement, would oversee the money for both XAI and X, which was united in April, the report said. The former banker has been working with Jai for several weeks and recently appointed as CFO, adding FT.

Jai was without his previous Finance Head, Mike Liberato without CFO Leave the agency In July, and Armstrong’s appointment, both XAI and X are followed by a slate of high-profile executive exit.

Zia General, Robert Cale, Left The company in August more than a year after the service. Veteran lawyer Raghu Rao also almost left at the same time and one of Jai’s co-founders in August Igor Babuschin D He was leaving the company to launch his own VC firm dedicated to AI protection research. Linda Yackerino, ex -CEO of X, also Have resigned In July

FT said the current CFO of Armstrong X, Mahmud Reza, will take responsibility from the bank, who is leaving the company, FT said.

Jai immediately returned any request for the comment.