Why It Matters: Organizations are rethinking their IT strategies to respond to the rise of AI, the need to support both traditional and modern workloads and increased cyber threats. IT teams are ...

The deal — which alone accounts for more than half of U.S. venture funding and a third of global funding last quarter — pushed global startup investment in Q1 to $113 billion, Crunchbase data shows.

The combination values xAI at $US80bn ($127bn) and X at $US33bn, Musk said in a social-media post announcing the acquisition. The AI start-up told investors late last ...

RANDOLPH — Wall to Wall Bargains recently opened at 121 Main St., offering discounted retail goods to customers straining under today’s high prices. P ...

Elon Musk’s artificial-intelligence startup xAI has acquired X, the social-media platform he also owns, in an all-stock transaction that fuses two of the billionaire’s biggest technology bets ...

Tech billionaire Elon Musk announced on Friday that his artificial intelligence startup, xAI, acquired X in an all-stock transaction that values the combined company at $113 billion. The deal ...

The AI startup told investors late last year that it was valued at $50 billion, The Wall Street Journal reported at the time.