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 startup xAI has acquired X, the social-media platform he also owns, in an all-stock deal ...

Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump ...

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.

In a post on X, Musk wrote that the deal values xAI at $80 billion and X at $33 billion, giving the two companies a total ...

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

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

Billionaire investor Elon Musk recently sold his social media platform X to his AI startup xAI, sparking controversy. The ...

Elon Musk on Friday evening announced he has sold his social media company, X, to xAI, his artificial intelligence company, ...

Friday message on his social media network X, the Tesla CEO said his artificial intelligence company, xAI, had acquired X in ...

While xAI's products, including its AI chatbot Grok, were tightly integrated into the X platform before this deal, Friday's acquisition ... from an enterprise value of $45 billion due to the ...