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If you’re Elon Musk, you sell X to xAI. He did OK on the sale. In a Friday evening tweet on X, Elon Musk wrote that xAI had ...
Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform ...
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 ...
Elon Musk said X and xAI combined aim to offer smarter experiences while advancing truth, knowledge, and human progress.
In a post on X, Musk stated, "The futures of xAI and X are interconnected. Today, we officially take the step to merge our ...
The acquisition was an all-stock transaction for $45 billion with the combined company now valued at $80 billion, according ...
Elon Musk has merged xAI, his artificial intelligence startup, with his social media company X, in an all-stock deal that ...
The billionaire's AI startup which kicked off in 2023, recently raised $6 billion from investors at a valuation of $40 ...
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the ...
Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of ...
Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump ...
When raising money for xAI in 2023, Axios reported on how Musk might use the AI company as a “plan B to save Twitter” and Musk responded: “I have never lost money for those who invest in me ...