Tag - xAI

Elon Musk Announces That xAI Has Acquired X

Credit: PixabyElon Musk announced on Friday that his AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock transaction."xAI has acquired X in an all-stock transaction," Musk stated, adding that the deal values xAI at $80 billion and X at $33 billion ($45 billion minus $12 billion...