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

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

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 ...

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 ...

Despite these developments, the deal could face regulatory scrutiny ... powerful figures in technology and business. The acquisition of X by xAI represents another step in his broader vision ...

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 ...

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.

That brings us back to the xAI-X deal. Pundits questioned how the acquisition could value X at $33 billion, more than triple its valuation just a few months ago, and how it could value xAI at $80 ...

Since his acquisition of X ... wrote the future of the two companies "could not be brighter." The deal between X and xAI isn't the first time Musk has made a similar move between his businesses.

The deal values X at $33 billion excluding debt ... network along with access to its code base. The acquisition might be conducive to xAI’s fundraising efforts. Now that it has a presence ...