Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock ...
As we noted in January, xAI staffers were also X employees, with company laptops and access to its code base. Musk had also previously claimed X investors would own 25 percent of xAI, but as of ...
Elon Musk's xAI has acquired social media platform X in an all-stock deal valuing X at $33 billion. The merger aims to combine xAI's advanced AI capabilities with X's extensive user base to create ...
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced Friday. Both companies are privately held ...
Elon Musk announced his artificial intelligence company, xAI, acquired his social media platform, X. The all-stock deal valued xAI at $80 billion and X at $33 billion — $45B less $12B debt ...
In a surprise move, Elon Musk on Friday revealed that he had sold social media site X to xAI in a $33 billion deal. The artificial intelligence (AI) company has acquired X in an all-stock deal.
Elon Musk's AI company, xAI, has acquired the social media platform X (formerly Twitter) for $33 billion. The acquisition aims to merge X's vast data resources with xAI's advanced AI models ...
Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI, sparking controversy as it coincides with a US judge rejecting his bid to dismiss a lawsuit tied to the ...
Elon Musk said Friday his artificial intelligence firm xAI has bought his social media platform X. “xAI and X’s futures are intertwined. Today, we officially take the step to combine the data ...
Elon Musk has announced the merger of his artificial intelligence startup, xAI, with his social media platform, X, in an all-stock transaction valuing the combined entity at $113 billion.