When Elon Musk announced that his AI startup, xAI, had acquired his social media company, X, in an all-stock deal, it raised ...

AI, the recent AI startup founded by Elon Musk, just made a splashy one. It recently finished its acquisition of X, the ...

The world’s richest person announced on Friday that he has combined two of his multi-billion-dollar companies. Here’s how ...

Musk’s decision to merge the businesses is a win for X investors, who have endured more than two years of uncertainty since ...

He said the deal values xAI at $80 billion and X at $33 billion ... Musk to step down from DOGE role The merger announcement comes hours after Musk announced that he plans to step down from ...

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.

By merging xAI with X, Musk aims to create a powerful AI-driven social media ecosystem where artificial intelligence and human interaction coexist.

Elon Musk's xAI has acquired X in a deal that values the social media platform ... according to two people familiar with the matter. After the merger, investors who bought the debt from the ...

Musk’s splashy merger of the social-media company X and his artificial-intelligence startup xAI values the combined company at over $110 billion. That would be a blockbuster deal on Wall Street.