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

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

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the ...

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 intelligence company at $80 billion and the social media ...

Musk bought Twitter Inc. in 2022 for about $44 billion and renamed it to X shortly thereafter. He launched xAI the following year to compete with OpenAI in the large language model market.

This strategic move could significantly impact AI development and social media integration. The announcement of xAI’s acquisition of X follows Musk’s long-term vision of integrating AI with ...

Tesla (TSLA) founder and CEO Elon Musk said that his artificial intelligence company xAI has acquired X ... Published first on TheFly – the ultimate source for real-time, market-moving breaking ...

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held ...

Elon Musk has announced that his artificial intelligence company, xAI, has acquired social media platform X in an all-stock ...