What’s going on here? With the sale of X to xAI, Musk is exchanging the investor base of the social network with that of his ...

Both companies are privately held, which means they are not required to disclose their finances to the public.

Elon Musk has sold social media platform X to his xAI company in a $33 billion all-stock deal. The acquisition aims to merge ...

Elon Musk said Friday that his artificial intelligence startup, xAI, had acquired his social media platform, X. He said that ...

The move comes two months after President Trump announced Stargate, a private sector AI infrastructure initiative backed by ...

The biggest backer of OpenAI, Microsoft is now building its own AI models and teaming up with Sam Altman's mortal enemy.

Elon Musk’s xAI and Nvidia — have joined BlackRock, Microsoft and investment fund MGX’s group to expand AI infrastructure ...

Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand AI ...

Microsoft Corp. and BlackRock Inc. announced Wednesday that Elon Musk’s xAI will join their US$30 billion initiative to ...

BlackRock Inc (NYSE:BLK) announced that along with its subsidiary Global Infrastructure Partners (GIP), Microsoft Corp ...

This deal values xAI at $80 billion and X at $33 billion, and gives xAI access to 600 million potential AI chatbot users, ...

(Bloomberg) -- Billionaire Elon Musk said his xAI artificial intelligence startup has acquired the X platform at a valuation ...