Order byBest matchMost fresh

Elon Musk's xAI has purchased X

Digest more
Top News
Impacts
Elon Musk’s artificial intelligence firm xAI has acquired his social media platform X in an all-stock transaction that values the company at $33 billion, including $12 billion worth of debt, the centi...
From Wired
Musk’s pursuit of legal action against groups that have stopped advertising since his $44bn acquisition in late 2022 had also sparked alarm.
From The Financial Times

Read more on News Digest

Elon Musk confirms $80 BILLION merger between X and xAI - 'Immense potential!'
Elon Musk's artificial intelligence company xAI has acquired his social media platform X in an all-stock transaction. The deal values xAI at $80 billion and X at $33 billion, according to an announcement Musk made on X on Friday.
Elon Musk’s xAI Acquires X, Because of Course
Social platform X struggled after Elon Musk took over, but its fortunes improved dramatically after US President Donald Trump won reelection. Now it will be become part of Musk's AI startup xAI.
Musk's xAI buys social media platform X for $45 billion
Elon Musk said on Friday that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including $12 billion debt. "xAI and X's futures are intertwined.
Brands spend nominal sums on X ads to keep Elon Musk happy
Big brands are allocating small amounts of their advertising budget to Elon Musk’s X, seeking to avoid being seen as boycotting the social media platform and triggering a public fallout with its billionaire owner.
Elon Musk Sells X to Elon Musk’s AI Company at $33 Billion Valuation, Mogul Says
Elon Musk just sold X, the social network formerly known as Twitter, to himself? Well, kind of. Musk, in a post on X Friday, said that his artificial-intelligence company, xAI, has acquired X in an all-stock transaction that values X at $33 billion ($45 billion minus $12 billion in debt).
Elon Musk’s artificial intelligence group buys X for $45bn
Elon Musk’s artificial intelligence group xAI has purchased social media platform X for $45bn, as the billionaire entrepreneur brings together two of his flagship businesses. “xAI and X’s futures are intertwined,
Mayor Paul Young addresses concerns about xAI project
In a social media post, Mayor Young emphasized that he does not make decisions impacting the community lightly.
Memphis City Council gives final approval on selling property to xAI for water reuse plant
The Memphis City Council Tuesday evening gave final approval on selling 13 acres of land where xAI is expected to build a water reuse facility.
Greywater & GPUs: Breaking down energy and water demands for Elon Musk's xAI in Memphis
As Elon Musk's xAI looks to continue expanding in Memphis, here is what we know about the company's energy and water demands and current usage.
therookiewire.usatoday23d
Elon Musk's xAI acquires Southwest Memphis property, plans for further expansion
xAI has acquired a 1 million-square-foot facility in Southwest Memphis. The acquisition is expected to help xAI continue its planned expansion of its Colossus supercomputer. Update: This story has been updated with comments from Memphis Light, Gas and ...
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values the artificial intelligence company at $80 billion and the social media company at $33 billion.
WREG.com on MSN11d
Memphis City Council approves Elon Musk’s xAI land deal
Memphis City Council gave its second and final approval to sell land to Elon Musk’s xAI for a water recycling facility Tuesday. The facility would be used to cool its
Commercial Appeal2d
Memphis Mayor Paul Young talks xAI with residents, advocacy groups during town hall
Memphis residents and officials ... CTC Property LLC, an affiliate of xAI, has filed an operations permit for the facility with the Tennessee Department of Environment and Conservation (TDEC).
Shelby County Health Department to hold public meeting on xAI methane turbines
Shelby County commissioners voted to recommend a public meeting on the potential health risks posed by the turbines.
Celtics Wire24d
Memphis woman launches petition to 'push' Elon Musk's xAI out of the Bluff City
Since Memphis became home to xAI's supercomputer, the company's presence in the Bluff ... U.S. Congressman Steve Cohen and Tennessee state Rep. Justin J. Pearson have been critical of xAI and vocal on community pushback surrounding the company.
Feedback