Elon Musk said that SpaceX has acquired his artificial-intelligence startup xAI in a record-setting deal that unifies his AI and space ambitions by combining the rocket-and-satellite company with the maker of the Grok chatbot https://reut.rs/3LRreKl | Reuters
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Elon Musk’s rocket maker SpaceX has acquired his artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC’s David Faber confirmed Tuesday. The record-setting deal is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by CNBC. Read more: cnb.cx/4rvDlfb | CNBC
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Musk's SpaceX has acquired AI startup xAI, also owned by Elon, in a record-breaking merger valuing the combined deal at $1.25 trillion. | cheddar news
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