Elon Musk said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company once known as Twitter at US$33 billion ($57.7b). “This combination ...

Elon Musk announced that X, f.k.a. Twitter, has been acquired by his own xAI in an all-stock transaction. The owner of both companies revealed on X that the merger now values xAI, the AI company ...

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held ...

Billionaire Elon Musk announced on Friday that he has sold social media site X, formerly known as Twitter when he bought it over two years ago, to his own artificial intelligence (AI) company xAI ...

Elon Musk announced Friday that he sold social media site X in a $33 billion all-stock deal to his own AI startup company, xAI The tech billionaire shared the news in a statement posted on X ...

In a surprise move, Elon Musk on Friday revealed that he had sold social media site X to xAI in a $33 billion deal. The artificial intelligence (AI) company has acquired X in an all-stock deal.

“This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,” Musk said in a post on his social network. X has more than ...