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Elon Musk announces xAI acquired X in an all-stock deal, valuing xAI at $80B and X at $33B. xAI was reportedly in talks to raise funds in February at a $75B valuation. 🚀

xAI Faces Turbulence as Founding Team Exits Ahead of IPO

Nvidia and xAI: A Powerhouse Partnership? ⚡ Nvidia is reportedly in talks to invest in Elon Musk's AI startup, xAI. This could fuel xAI's valuation to $75B+ and boost Nvidia's AI ambitions. #AI #Nvidia #xAI #ElonMusk #TechNews #3CG

Grok code theft scandal! A former xAI engineer quit after allegedly stealing the entire Grok codebase and joining OpenAI. Musk confirmed the breach. 1) Before leaving, the employee cashed out $7M worth of xAI stock 2) xAI has already filed a lawsu

Elon Musk has transferred ownership of X (formerly Twitter) to his AI venture, xAI, in a $33 billion stock deal. He believes merging X’s broad audience with xAI’s cutting-edge technology will create groundbreaking opportunities. Established in 20

xAI has partnered with Oracle to build the "Gigafactory of Compute" supercomputer infrastructure.

Elon Musk's new AI start up xAI just raised $5 Billion for a valuation of $50 Billion The Investment came from 1. Qatar Investment Authority 2. Valor Equity Partners 3. Sequoia Capital and 4. Andreessen Horowitz Total raised amount by xAI = $11 Bil

In a move aimed at advancing India’s electric mobility sector, two-wheeler manufacturer PURE EV has signed a memorandum of understanding (MoU) with JioThings, a subsidiary of Jio Platforms

xAI planning to build the "gigafactory of compute," the world's largest supercomputer, in Memphis, Tennessee.

Paytm Cloud Technologies Ltd (PCTL), a subsidiary of fintech major Paytm, has established a wholly owned subsidiary in the United Arab Emirates (UAE). In a regulatory filing, Paytm announced that PCTL’s board has approved an investment of AED 8 mill