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The mogul said Friday that XAI had acquired the platform formerly known as Twitter in an all-stock transaction.
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.
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X Has Been Acquired by xAI in $45B Deal, Elon Musk AnnouncesX, formerly Twitter, has been acquired by xAI, Elon Musk's public-benefit AI corporation and the maker of AI chatbot Grok. Musk, who bought the social platform in 2022, announced the deal in a ...
Elon Musk made a shock announcement Friday that his artificial intelligence venture xAI has acquired his X social media platform in an all-stock transaction for $45 billion – a billion more than ...
Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.
Musk says this move is ‘blending xAI’s advanced AI capability and expertise with X’s massive reach.‘ ...
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Elon Musk's AI Company Acquires X in $45B DealX, the social platform formerly known as Twitter, has been sold. Elon Musk said Friday that xAI, his artificial intelligence company, had acquired X in an all-stock transaction that values xAI at ...
By Alex Weprin Media & Business Writer X, the social platform formerly known as Twitter, has been sold. Elon Musk said Friday that xAI, his artificial intelligence company, had acquired X in an ...
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