XAI Acquires X In an All Stock Transaction
by Brian Wang from NextBigFuture.com on (#6W8JN)
@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). I think this means xAI is valued at $113 billion after the acquisition. Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the ...