According to Fidelity, one of the investors that participated in Musk’s acquisition, X’s valuation plummeted to $12 billion in December, the New York Times reported. In contrast, xAI has grown rapidly ...

Fortune asked readers to make some predictions about what the next few years will hold for the buzziest companies in AI.

Following a $40 billion funding round and a rejected $97.4 billion takeover bid from Elon Musk, OpenAI is considering ...

AI, the recent AI startup founded by Elon Musk, just made a splashy one. It recently finished its acquisition of X, the ...

When Elon Musk announced that his AI startup, xAI, had acquired his social media company, X, in an all-stock deal, it raised ...

Tariff-induced uncertainty and related market jitters stalled what was expected to be a rebound year for mergers and acquisitions.

The deal values xAI at $80 billion and X at $33 billion, inclusive of $12 billion in debt. Musk announced the acquisition on X, stating, “xAI has acquired X in an all-stock transaction.” This ...

Discover this week's major market moves, including xAI's acquisition of X, Nvidia's AI expansion, and AT&T's latest deal ...

Those grassroots efforts, he said, were a big reason xAI has agreed to build a greywater facility to reduce strain on the ...

I don’t envy AI investors right now. The price of AI startup shares (unlike the value of my stock portfolio) seem to be only ...

The Southern Environmental Law Center is calling for the Shelby County Health Department to take action against xAI in ...

OpenAI said in a lawsuit that Elon Musk made a “sham” attempt to buy the company, and asked a federal district court to stop ...