Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock ...
Elon Musk, the CEO of Tesla, recently revealed that his artificial intelligence company, xAI, has acquired X, formerly known as Twitter. The acquisition was an all-stock deal valued at $33 billion.
A Shelby County Board of Commissioners committee has recommended a public hearing on the long-term use of 15 gas turbines at xAI's Memphis facility. The resolution follows concerns from community ...
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Welcome back to Week in Review! Elon Musk says that xAI bought X in an all-stock deal; a16z-backed 11x faked some customers; ...
CEO, fervent apostle for launching a spacecraft to Mars, intense ally of Donald Trump and scourge of government workers — did a deal he hopes will rationalize his corporate life. He announced Friday ...
Both companies are privately held, which means they are not required to disclose their finances to the public.
The move will “unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,” he wrote on X.
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