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EU probing corporate structure of X after xAI deal

The European Union said it was seeking more information from Elon Musk's X about changes to its corporate structure, months after the social media platform was bought by xAI in a $33 billion deal.
Business • 20 Jun

Elon Musk says xAI startup buying X platform

Elon Musk has said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company once known as Twitter at $33 billion.
Business • 31 Mar

Elon Musk's xAI raises $6 billion in fresh funding

Elon Musk's artificial intelligence startup xAI has raised $6 billion in a Series B funding round backed by investors including Andreessen Horowitz and Sequoia Capital among others, the company said in a blog post.
Business • 27 May 24

Musk to make xAI's Grok chatbot open - source

Elon Musk said today his artificial intelligence startup xAI would open-source its ChatGPT challenger "Grok" this week, days after he sued OpenAI for abandoning its original mission in favour of a for-profit model.
Business • 11 Mar 24

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