Elon Musk’s sale of X to xAI just made fraud lawsuit ’a lot spicer’
Billionaire investor and Tesla CEO Elon Musk announced that his AI startup xAI has acquired his social media platform X in an ...
TheStreet.com9d
Elon Musk’s AI company acquires X, raising concerns about data centralization
Notably, xAI counts among its investors venture capital firms Andreessen Horowitz (a16z) and Sequoia Capital, which have established crypto-focused investment funds.
Elon Musk's xAI to acquire his X social media platform
The companies are being combined in an all-stock deal that values xAI at $80 billion and X at $33 billion, factoring in the ...