Bill Murray appeared with his “The Friend” co-star Naomi Watts on a recent episode of “Watch What Happens Live” and told host ...
The tech titan can follow his own rules when he is combining two companies he owns, but the merger is still raising dealmaker ...
In a significant development in the tech industry, xAI, a privately held artificial intelligence company, has acquired the ...
SpaceX and Tesla boss Elon Musk acquires Intel for $133 billion, renames CPUs to Core xAI and will power Microsoft's ...
The merger of social media platform X with Musk’s artificial intelligence start-up xAI will allow him, his co-investors and X ...
After more than two years of uncertainty following Musk's takeover, during which both users and advertisers fled the social ...
The South African on MSN14h
Elon Musk Sells X to his company, xAI
Elon Musk has sold his social media platform, X (formerly known as Twitter), to his artificial intelligence company, xAI.
The deal, which values xAI at $80 billion and X at $33 billion, transpired despite a notable drop in X's valuation from the $44 billion Musk initially paid for it in 2022. This arrangement showcases ...
Merging xAI and X underlines how Elon Musk has parlayed his power to shuffle around his assets, even if the underlying deals are opaque.
Elon Musk has made headlines once again by announcing the sale of the social media platform X for an impressive $33 billion. The transaction, which took place on Friday, involves an all-stock deal ...
As a result, xAI can't serve customer needs "without additional on-site power generation," the company said in a permitting ...
Elon Musk's charity, the Musk Foundation, has failed to meet IRS mandates to stay as a non-profit for the third consecutive ...