In a significant development in the tech industry, xAI, a privately held artificial intelligence company, has acquired the social media platform X, previously known as Twitter. X Telegram acquires X ...

Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.

Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump won reelection. Now it will be become part of Musk's AI startup xAI.

AI has acquired X (formerly Twitter) in an all-stock transaction. Despite the multibillion-dollar deal, however, the social platform is still facing an infringement suit from almost 20 music ...

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.

Musk says this move is ‘blending xAI’s advanced AI capability and expertise with X’s massive reach.‘ ...

The mogul said Friday that XAI had acquired the platform formerly known as Twitter in an all-stock transaction.

Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform ...

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 ...

According to Musk, the merger “values xAI at $80 billion and X at $33 billion ($45 ... facilitate the creation of a platform that not only reflects the world but also accelerates human progress.

Billionaire Elon Musk on Friday said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company, once known as Twitter at $33 billion.

ELON Musk’s xAI has acquired X in a deal that values the social media platform at $33 billion ($608bn) and allows the value of his artificial intelligence firm to be shared with his co-investors ...