xAI

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Strategic Acquisition: xAI Buys Social Media Platform X for 45 Billion Dollars

Elon Musk announced his AI lab, xAI, acquired social media platform X in an all-stock deal. XAI now valued at 80 billion dollars, while X at 33 billio...

18/04/2025 Read more →

OpenAI Announces Major $40 Billion Funding Round Led by SoftBank

Just after Elon Musk announced that xAI is now valued at $80 billion, the valuation of OpenAI, which he co-founded with Sam Altman, reached $300 billi...

18/04/2025 Read more →