The world’s richest person announced on Friday that he has combined two of his multi-billion-dollar companies. Here’s how ...
Musk’s decision to merge the businesses is a win for X investors, who have endured more than two years of uncertainty since ...
The Shelby County Board of Commissioners approved a resolution calling for a public hearing on the continued use of gas ...
The companies are being combined in an all-stock deal that values xAI at $80 billion and X at $33 billion, factoring in the ...
Welcome back to Week in Review! Elon Musk says that xAI bought X in an all-stock deal; a16z-backed 11x faked some customers; ...
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the ...
The acquisition was an all-stock transaction for $45 billion with the combined company now valued at $80 billion, according ...
xAI is an artificial intelligence company founded by Elon Musk in 2023. It has a mission to advance human understanding of ...
Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of ...
Elon Musk's own artificial intelligence company xAI has purchased the social networking platform X in an all-share deal. Read ...
SpaceX and Tesla boss Elon Musk acquires Intel for $133 billion, renames CPUs to Core xAI and will power Microsoft's ...
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.