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AI Holdings (created in March from the combination of X and xAI) - is reportedly in discussions to raise around $20 billion ...
That brings us back to the xAI-X deal. Pundits questioned how the acquisition could value X at $33 billion, more than triple its valuation just a few months ago, and how it could value xAI at $80 ...
the deal made sense. Grok, xAI’s chatbot, was already deeply integrated with X, which was floundering financially, and Musk needed a way to make his $44 billion Twitter acquisition look less ...
But in many ways, the deal made sense. Grok, xAI’s chatbot, was already deeply integrated with X, which was floundering financially, and Musk needed a way to make his $44 billion Twitter acquisition ...
In a major corporate merger, Elon Musk's AI company, xAI, has purchased X, the social media site previously known as Twitter, for $33 billion. The purchase is the latest high-profile action by ...
But in many ways, the deal made sense. xAI’s chatbot, Grok, was already deeply integrated with X, X was floundering financially, and Musk needed a way to make his $44 billion Twitter acquisition ...
The launch of the fundraising follows the recent all-stock purchase of X (formerly Twitter) by xAI. That deal valued the social media site at $33 billion, while valuing xAI at $80 billion. The merger, ...
To take Twitter private, Musk personally financed the deal with $25 billion of ... has greatly inflated the value of xAI through this acquisition of X ahead of the potential investment.
Elon Musks artificial intelligence company, xAI Holdings, is reportedly in talks with investors to raise around $20 billion, ...
Elon Musk's AI venture, called xAI, is looking to boost its funding by around $20 billion. According to a report by Bloomberg ...