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Elon Musk has merged xAI, his artificial intelligence startup, with his social media company X, in an all-stock deal that values X at $33 billion, nearly $11 billion less than what he paid to buy ...
Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform ...
The company xAi, owner of the Memphis-based supercomputer, is now the new home to the social media site X, formerly known as Twitter.
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 ...
The billionaire's AI startup which kicked off in 2023, recently raised $6 billion from investors at a valuation of $40 ...
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 ...
The mogul said Friday that XAI had acquired the platform formerly known as Twitter in an all-stock transaction.
The move will “unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,” he ...
Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.
Elon Musk's xAI has acquired X (formerly Twitter) in a $45 billion all-stock deal, he said Friday. The acquisition follows Musk's previous $44 billion purchase of Twitter in 2022. Elon Musk said o ...