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DMR News on MSNThe xAI–X merger looks promising for those backing Musk’s empireAI, the recent AI startup founded by Elon Musk, just made a splashy one. It recently finished its acquisition of X, the ...
When Elon Musk announced that his AI startup, xAI, had acquired his social media company, X, in an all-stock deal, it raised ...
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 ...
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 ...
Elon Musk has orchestrated a high-profile takeover of X through his artificial intelligence firm, xAI, in an all-stock ...
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 ...
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