Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.

The companies are being combined in an all-stock deal that values xAI at $80 billion and X at $33 billion, factoring in the ...

Elon Musk on Friday evening announced he has sold his social media company, X, to xAI, his artificial intelligence company, ...

Elon Musk said he borrowed the name from a 1960s science fiction novel, but another AI startup applied to trademark it before ...

Elon Musk on Friday announced he has sold his social media platform X to his artificial intelligence company, xAI, in an ...

Elon Musk said on Friday that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock ...

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

The investment was the highest ever raised for a startup and places OpenAI at a $300-billion valuation, tied with TikTok ...

OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which ...

OpenAI CEO Sam Altman is pleased by the positive reception despite criticism from Elon Musk. Their ongoing rivalry and Musk’s attempted takeover of OpenAI add to the drama. This is not the first ...

The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors.

Elon Musk says his $33-billion sale of X to an AI company he also owns will make his social media platform an accelerator for "human progress." ...