In a significant development in the tech industry, xAI, a privately held artificial intelligence company, has acquired the ...

Elon Musk's AI company, xAI, has acquired the social media platform X (formerly Twitter) for $33 billion. The acquisition aims to merge X's vast data ...

Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump won reelection. Now it will be become part of Musk's AI startup xAI.

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 AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.

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.

AI has acquired X (formerly Twitter) in an all-stock transaction. Despite the multibillion-dollar deal, however, the social ...

The mogul said Friday that XAI had acquired the platform formerly known as Twitter in an all-stock transaction.

Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform ...

According to Musk, the merger “values xAI at $80 billion and X at $33 billion ($45 ... facilitate the creation of a platform that not only reflects the world but also accelerates human progress.

Billionaire Elon Musk on Friday said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company, once known as Twitter at $33 billion. "This ...

ELON Musk’s xAI has acquired X in a deal that values the social media platform at $33 billion ($608bn) and allows the value of his artificial intelligence firm to be shared with his co-investors ...