Elon Musk's xAI has acquired X (formerly Twitter) in a $45 billion all-stock deal, he said Friday. The acquisition follows Musk's previous $44 billion purchase of Twitter in 2022. Elon Musk said o ...

As we noted in January, xAI staffers were also X employees, with company laptops and access to its code base. Musk had also previously claimed X investors would own 25 percent of xAI, but as of ...

Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock ...

Elon Musk announced his artificial intelligence company, xAI, acquired his social media platform, X. The all-stock deal valued xAI at $80 billion and X at $33 billion — $45B less $12B debt ...

Elon Musk’s AI company, xAI, has added image generation capabilities to its API. Only one model is available in the API at the moment, “grok-2-image-1212.” Given a caption, the model can ...

The buyer for Abaco’s Treasure Cay resort is seeking to raise more than 92 percent of its target $65m equity capital from other investors while only committing $5m of its own funds, documents ...

Billionaire Elon Musk has just been countersued by OpenAI, but that isn't stopping his AI company, xAI, from making its flagship Grok 3 model available via an API. xAI is offering two flavors of ...

In a shock move, Elon Musk on Friday sold his social media platform X to his own xAI artificial intelligence company in a $33 billion all-stock deal. While making the announcement, Musk further ...

Elon Musk’s AI company xAI has acquired two-year-old AI video startup Hotshot, amid its push to accelerate innovation in multimodal foundation models. These foundation models are essentially ...

A public hearing will address xAI's continued use of gas turbines at its South Memphis facility. The hearing is scheduled for 5 p.m. April 25 at Fairley High School. A public hearing date is set ...

Justin Sullivan / Getty Images Nvidia and xAI are joining BlackRock and Microsoft in an AI infrastructure group seeking $30 billion in funding. The group was first announced in September as ...