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 ...

Elon Musk's artificial intelligence company xAI has acquired his social media platform X in an all-stock transaction. The deal values xAI at $80 billion and X at $33 billion, according to an ...

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

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.

He added that the merger would, "unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach." The purchase price, he said, was $45 billion less $12 ...

“The combination values xAI at $80 billion and X at ... CEO highlighted the strategic importance of this merger, stating: “xAI and X’s futures are intertwined.” “Today, we officially ...

Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial ... He added that the merger would, "unlock immense ...