Elon Musk, xAI

Elon Musk’s xAI Just Doubled Its Valuation to $50B—Here Are 4 Biggest Winners?
Several backers of Elon Musk’s $44 billion acquisition of X are now set to receive a windfall from their investments in xAI.
Fidelity just boosted the value of its stake in Elon Musk's xAI by 70%
Financial giant Fidelity bumped up the valuation of two Elon Musk-owned companies, social media platform X and AI startup xAI in October.
Elon Musk Says He’ll Make An xAI Game Studio To ‘Make Games Great Again’
Elon Musk has recently inserted himself into gaming culture wars bemoaning what he and others believe are "woke" portions of the market.
Fidelity boosts valuations of its stakes in Elon Musk’s X and xAI startup, report says
October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for $44 billion in 2022, Axios said.
Elon Musk's startup xAI is now reportedly worth more than what the billionaire paid for Twitter
AI told investors it had raised $5 billion in a funding round that doubled its valuation from the spring, The Wall Street Journal reported.
X Is Worth 72% Less Than the $44 Billion Elon Musk Paid for It, Despite 32% Rebound in Share Valuation
X is worth 72% less than the $44 billion owner Elon Musk paid for the app formerly known as Twitter, despite that Fidelity had recently marked up the value of its shares by 32.37%, according to a valuation from Fidelity.
Critics said Musk 'overpaid' for Twitter. Thanks to Trump and xAI, it could actually be a steal.
Some panned the billionaire for overspending on Twitter, but the platform is winning him favor with Donald Trump and ...
xAI could soon have its own app
Musk created xAI as an alternative to OpenAI, the company he helped found but later distanced himself from over ideological ...
Musk investors who got hosed on Twitter takeover set to reap windfall as xAI value surges: report
Musk has given 25% of the shares in his startup xAI to investors who helped fund his $44 billion acquisition of the social ...
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Elon Musk's xAI Reportedly Pushing to Release a Consumer App Soon
xAI is looking to compete in an increasingly crowded AI space dominated by companies including OpenAI and Anthropic alongside ...
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From Algorithms to Altruism: Risks and Rewards of xAI's Benefit Corporation Strategy
The Wall Street Journal recently reported that xAI, the artificial intelligence startup founded by Elon Musk, completed a funding round of $5 ...
Report: xAI developing new consumer chatbot and AI model
According to the Journal, xAI will raise more funding next year to support its growth efforts. The company has received at ...
xAI is reportedly launching a ChatGPT-like app for consumers, deepening Elon Musk's rivalry with Sam Altman
Elon Musk's xAI could reportedly launch an app to challenge OpenAI's ChatGPT as soon as December, deepening his rivalry with ...
Elon Musk builds xAI, world's largest AI computing system in just 16 months, sparks anxiety among rivals like OpenAI; here's how he did it
Elon Musk’s xAI has redefined the AI landscape, achieving a staggering $50 billion valuation in just 16 months—a feat that ...