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X, the app formerly known as Twitter, has been acquired by one of Elon Musk’s tech companies.The last few years have been a rollercoaster for Twitter users. Back in 2022, Elon Musk made an ...
Elon Musk's AI company xAI has acquired his social media company X. ... While Musk founded xAI in March 2023, he acquired Twitter for $44 billion in October 2022 and rebranded it to X in July 2023.
“xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). Since its founding two years ago, xAI has rapidly become one of ...
Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and ...
The potential valuation comes amidst talks involving Saudi Arabia's sovereign wealth fund, which holds an indirect stake ...
Elon Musk's xAI has acquired social media platform X in a $33 billion ... The billionaire acquired Twitter in 2022 for $44 billion and rebranded it as X as part of a broader vision to transform ...
Elon Musk, the CEO of Tesla, recently revealed that his artificial intelligence company, xAI, has acquired X, formerly known as Twitter. The acquisition was an all-stock deal valued at $33 billion.
Elon Musk today announced that xAI Corp. has acquired X Corp. in an all-stock transaction.The deal values X at $33 ... Musk bought Twitter Inc. in 2022 for about $44 billion and renamed it to X ...
Musk's Boldest Move Yet? xAI Acquires X in a Game-Changing $80 ... paid for the company when it was known as Twitter. ... xAI at $80 billion and X at $33 billion.The move aims ...
I didn’t, however, think that he would be this upfront about it. Today, Elon Musk has announced X the platform has been acquired by xAI, in a deal that values X at $33 billion.. As per Musk ...