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.

Social media platform X has been acquired by xAI, Elon Musk’s AI startup, in an all-stock transaction which values xAI at $80 ...

In a significant development in the tech industry, xAI, a privately held artificial intelligence company, has acquired the ...

AI has acquired X (formerly Twitter) in an all-stock transaction. Despite the multibillion-dollar deal, however, the social ...

Tesla's (NASDAQ:TSLA) stock has taken a nosedive since President Donald Trump took office—but Elon Musk's privately held companies are on a wild upward ride. Investors in secondary markets have driven ...

The tech titan can follow his own rules when he is combining two companies he owns, but the merger is still raising dealmaker ...

The social media platform has experienced a return in advertisers and new exposure as an official source of government news.

After more than two years of uncertainty following Musk's takeover, during which both users and advertisers fled the social ...

Musk, the world’s richest person, on March 28 used his artificial intelligence startup, xAI, to purchase his social media platform ... of the acquisition. A spokesperson for X declined to ...

Artificial intelligence (AI) continues to reshape industries, and its impact is particularly pronounced within the tech sector. In a striking development, Elon Musk's artificial intelligence company, ...