Elon Musk / @elonmusk:

@xAI has acquired @X in an all-stock transaction.  The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).  Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at unprecedented speed and scale …

Elon Musk / @elonmusk:

@xAI has acquired @X in an all-stock transaction.  The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).  Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at unprecedented speed and scale …

Source: TechMeme
Source Link: http://www.techmeme.com/250328/p27#a250328p27