Elon Musk revealed on X on Friday that his artificial intelligence company xAI acquired his social network X in an all-stock transaction which values xAI at $80 billion and X at $33 billion ...

Musk announced today (Mar. 28) that the platform formerly known as Twitter was acquired by xAI — his artificial intelligence company. The deal took place via an all-stock transaction that values ...

(Reuters) -Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand AI infrastructure in the U.S., the companies said on Wednesday ...

BlackRock, Global Infrastructure Partners, or GIP, a part of BlackRock (BLK), Microsoft (MSFT), and MGX, announced that NVIDIA (NVDA) and xAI will join the Global AI Infrastructure Investment ...

AI-driven chipmaker Nvidia (NVDA) and Elon Musk’s xAI have joined a Microsoft (MSFT)-backed consortium to build AI infrastructure in the U.S. The consortium, which also includes Abu Dhabi-backed ...

Two of the biggest forces in artificial intelligence (AI) — Elon Musk’s xAI and Nvidia — have joined BlackRock, Microsoft and investment fund MGX’s group to expand AI infrastructure across ...