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In a significant development in the tech industry, xAI, a privately held artificial intelligence company, has acquired the ...
AI has acquired X (formerly Twitter) in an all-stock transaction. Despite the multibillion-dollar deal, however, the social ...
Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.
The merger will “combine the data, models, compute, distribution and talent” of the two companies, according to Elon Musk. In particular, Grok AI is expected to expand on X.
Social media platform X has been acquired by xAI, Elon Musk’s AI startup, in an all-stock transaction which values xAI at $80 ...
Elon Musk announced that X, f.k.a. Twitter, has been acquired by his own xAI in an all-stock transaction.
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 ...
Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of ...
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
Musk’s decision to merge the businesses is a win for X investors, who have endured more than two years of uncertainty since ...
While xAI's products, including its AI chatbot Grok, were tightly integrated into the X platform before this deal, Friday's acquisition further combines two of Musk's most high-profile companies.
The combination will unlock potential by blending xAI’s AI capability with X’s wide reach, says the South African-born tech ...