Apollo eventually purchased the debt at nearly full price, helping to bolster X's flagging valuation.

Elon Musk, who already suggested Tesla invest in xAI, is now setting the stage for the public company under his control to grossly overpay for xAI, a private company under his control that just ...

With apologies to Dylan Thomas, Elon Musk is not going gentle into that good night, and nor is there likely to be any dying of the light.

Elon Musk has orchestrated a high-profile takeover of X through his artificial intelligence firm, xAI, in an all-stock ...

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

Two Arkansas border states are expanding the South’s reputation in the tech realm, having attracted the attention of ...

New York City Comptroller Brad Lander has asked the city, which is a major Tesla shareholder, to sue Tesla and CEO Elon Musk ...

STORY: From OpenAI finding another big pile of money, to the drone finding wildfires, this is AI Weekly. OpenAI says it’s ...

The merger of social media platform X with Musk’s artificial intelligence start-up xAI will allow him, his co-investors and X’s banks to exit the struggling business unscathed.

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 surprising and monumental shift in the tech landscape, Elon Musk has announced that his AI startup, xAI, has acquired Twitter, now known as X, for $33 billion in an all-stock deal. This ...

Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion (roughly Rs. 2,82,447 crore) and allows the value of his artificial intelligence firm to be shared with ...