Elon Musk's AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal.

The merger will “combine the data, models, compute, distribution and talent” of the two companies, according to Elon Musk. In particular, Grok AI is expected to expand on X.

while generative AI startup Anthropic was valued at $61.5 billion in a deal that closed this month. In addition to running Tesla, SpaceX and xAI and overseeing X, Musk has spent much of his time ...

OpenAI is in talks to pay about $3 billion to acquire Windsurf ... to stay ahead in the generative AI race, where competitors including Google, Anthropic and Elon Musk's xAI are investing heavily ...

OpenAI is rushing to stay ahead in the generative AI race, where competitors including Google, Anthropic and Elon Musk's xAI are investing ... similar capability. The startup's investors include ...