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Musk’s xAI Holdings is reportedly raising the second-largest private funding round ever

Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” If successful, the deal would constitute the the second-largest startup funding round ever, behind only … Read more

Elon Musk’s xAI Holdings in talks to raise $20 billion

The X logo appears on a phone, and the xAI logo is displayed on a laptop in Krakow, Poland, on April 1, 2025. (Photo by Klaudia Radecka/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Elon Musk’s xAI Holdings is in discussions with investors to raise about $20 billion, Bloomberg News reported Friday, citing … Read more

xAI adds a ‘memory’ feature to Grok

Elon Musk’s AI company, xAI, is slowly bringing its Grok chatbot to parity with top rivals like ChatGPT and Google’s Gemini. Wednesday night, xAI announced a “memory” feature for Grok that enables the bot to remember details from past conversations. Now, if you ask Grok for recommendations, it’ll give more personalized responses — assuming you’ve … Read more

Elon Musk’s AI company, xAI, launches an API for Grok 3

Billionaire Elon Musk might’ve just been countersued by OpenAI. But that isn’t stopping his AI company, xAI, from making its flagship Grok 3 model available via an API. It has been several months since xAI unveiled Grok 3, the company’s answer to models like OpenAI’s GPT-4o and Google’s Gemini.  Grok 3 can analyze images and respond to questions, … Read more

Elon Musk’s xAI buys X

Welcome back to Week in Review! Elon Musk says that xAI bought X in an all-stock deal; a16z-backed 11x faked some customers; the Lumon Terminal Pro pops up on Apple’s website; and much more. Let’s dig in! xAI buys X: X owner Elon Musk announced on X on Friday that xAI acquired X in an … Read more

Elon Musk says xAI acquired X

Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock transaction,” Musk said. “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).” Musk … Read more

Musk says his xAI startup bought X at $33 billion valuation

Billionaire Elon Musk said his xAI artificial intelligence startup has acquired the X platform at a valuation of $33 billion, marking a surprise twist for the social network formerly known as Twitter.  “The combination values xAI at $80 billion and X at $33 billion,” he wrote in an X post on Friday. The X value … Read more

Elon Musk’s xAI Acquires X, Because of Course

Elon Musk’s artificial intelligence firm xAI has acquired his social media platform X in an all-stock transaction that values the company at $33 billion, including $12 billion worth of debt, the centibillionaire announced Friday. The sale comes just weeks after Musk reportedly raised an additional roughly $1 billion in debt financing for X that valued … Read more

Elon Musk says xAI has acquired X, in deal valuing X at $33 billion

Tesla CEO Elon Musk boards Air Force One with U.S. President Donald Trump (not pictured) as they departs for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, U.S., March 22, 2025.  Nathan Howard | Reuters Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an … Read more

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