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DMR News on MSNThe xAI–X merger looks promising for those backing Musk’s empireAI, the recent AI startup founded by Elon Musk, just made a splashy one. It recently finished its acquisition of X, the ...
ChatGPT-maker OpenAI is developing its own social media platform, according to sources familiar with internal discussions ...
When Elon Musk announced that his AI startup, xAI, had acquired his social media company, X, in an all-stock deal, it raised ...
OpenAI countersued Elon Musk as part of an ongoing legal battle, asking a federal judge to block any “further unlawful and ...
Apollo eventually purchased the debt at nearly full price, helping to bolster X's flagging valuation.
Now, Tesla’s CEO, who has been complaining about his eroding control of Tesla after selling shares to buy Twitter, has greatly inflated the value of xAI through this acquisition of X ahead of ...
In other words, Musk used his pumped up xAI stock to pay multiple times over value for X ... the actual worth attributed to X may be significantly lower than stated, highlighting the rapid descent ...
On Friday evening, Elon Musk announced on his social media company X that xAI, his artificial intelligence startup, had bought X in an all-stock transaction. According to Musk, the deal values the ...
Add articles to your saved list and come back to them any time. With all the focus on Donald Trump’s “Liberation Day” and his tariffs on everything and everyone, the other great liberation ...
Musk's xAI startup was launched less than two years ago It raised $10 billion in a funding round to claim $75 billion valuation Musk, the world's wealthiest man, is also a close ally to Trump ...
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