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…

By Kyle Wiggers Wed, 02 Apr 2025 19:19:02 +0000 As it prepares to transition from a nonprofit corporation to a for-profit, OpenAI says it’s convening a group of experts to “help OpenAI’s philanthropy understand the most urgent and intractable problems nonprofits face today.” This group, which OpenAI says will incorporate feedback from “leaders and communities”…

When Twin came out of stealth in January 2024, AI agents were more of a theoretical concept than a reality. Today, the Paris-based company is releasing an automation agent in partnership with Qonto, the fintech startup that offers business bank accounts to more than 500,000 customers across Europe. If you want to automate repetitive tasks,…

By Kyle Wiggers Fri, 04 Apr 2025 04:59:47 +0000 Midjourney, one of the earliest AI image-generating services on the web, has released its first new AI image model in nearly a year. Dubbed V7, the model, which began rolling out in alpha around midnight Eastern on Thursday, comes a week after OpenAI debuted a new…

This article from TechCrunch covers ChatGPT adoption skyrockets in India, but monetization may be trailing. By Jagmeet Singh, Ivan Mehta Sat, 05 Apr 2025 03:05:50 +0000 For years, U.S.-based tech companies have tapped into India’s vast and increasing internet user base for growth. OpenAI is no exception. But while the AI lab claims that India…