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Elon Musk announced in a post on X that his artificial intelligence company, xAI, had acquired the social media platform in ...
The world’s richest person announced on Friday that he has combined two of his multi-billion-dollar companies. Here’s how ...
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xAI Acquires X in Multibillion-Dollar Deal — But the Social Platform Is Still Grappling With Music Publishers’ Infringement SuitxAI has acquired X (formerly Twitter) in an all-stock transaction. Despite the multibillion-dollar deal, however, the social platform is still facing an infringement suit from almost 20 music ...
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 ...
AI Holdings (created in March from the combination of X and xAI) - is reportedly in discussions to raise around $20 billion ...
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Xitter sheds EU users. Musk's Grok suggests 'misinformation, hate speech, and a perceived decline in content moderation' to ...
Elon Musk's xAI Holdings is in discussions with investors to raise about $20 billion, Bloomberg News reported Friday. The ...
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.
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, ...
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 ...
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