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

AI has acquired X (formerly Twitter) in an all-stock transaction. Despite the multibillion-dollar deal, however, the social platform is still facing an infringement suit from almost 20 music ...

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

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.

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

The mogul said Friday that XAI had acquired the platform formerly known as Twitter in an all-stock transaction.

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

Today, Elon Musk has announced X the platform has been acquired by xAI, in a deal that values X at $33 billion. So, there’s a bit to unpack here. First, Elon says that X is now effectively ...

The acquisition was an all-stock transaction for $45 billion with the combined company now valued at $80 billion, according to Elon Musk.

Elon Musk's xAI has acquired X (formerly Twitter) in a $45 billion all-stock deal, he said Friday. The acquisition follows ...

I didn’t, however, think that he would be this upfront about it. Late last week, Elon Musk announced X the platform has been acquired by xAI, in a deal that values X at $33 billion. As per Musk: “xAI ...