Seher Dareen

2 weeks ago | usatoday.com | Laila Kearney |Seher Dareen

NEW YORK, April 7 (Reuters) - U.S. electric utilities are fielding massive requests for new power capacity as Big Tech scours the country for viable locations for new data centers to keep up with the compute demands of AI.

3 weeks ago | ksl.com | Greg Bensinger |Tatiana Bautzer |Seher Dareen |JASPREET SINGH |Juby Babu |Krystal Hu

NEW YORK — Elon Musk's xAI artificial intelligence firm has acquired Musk's X, the social media outfit formerly known as Twitter, for $33 billion, marking the latest twist in the billionaire's rapid consolidation of power. The all-stock deal announced on Friday combines two of Musk's multiple portfolio companies, which also include automaker Tesla and SpaceX, and potentially eases Musk's ability to train his AI model known as Grok.

3 weeks ago | terra.com.br | Seher Dareen

O bilionário Elon Musk disse nesta sexta-feira que sua empresa, a xAI, adquiriu a plataforma de mídia social X, conhecida anteriormente como Twitter, em uma transação totalmente em ações no valor de US$45 bilhões, incluindo US$12 bilhões em dívida. "Os futuros da xAI e do X estão interligados. Hoje, damos oficialmente o passo para combinar dados, modelos, computação, distribuição e talento", disse Musk em uma publicação no X, acrescentando que a empresa combinada seria avaliada em US$80 bilhões.

3 weeks ago | ca.finance.yahoo.com | Seher Dareen

Elon Musk said on Friday that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including debt. "xAI and X's futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent," Musk said in a post on X, adding that the combined company would be valued at $80 billion.

3 weeks ago | flipboard.com | Seher Dareen

1 hour agoElon Musk says xAI has acquired XElon Musk said on Friday that xAI has acquired X, the social media app previously known as Twitter. Why it matters: This is Musk trying to prevent his …NowElon Musk Says He Has Sold X to His A.I. Start-Up xAIThe deal combined two of Mr. Musk’s companies, which have been on different trajectories. The transaction valued xAI at $80 billion and X at $30 billion, the billionaire said.