Financial giant Fidelity bumped up the valuation of two Elon Musk-owned companies, social media platform X and AI startup xAI ...

Several backers of Elon Musk’s $44 billion acquisition of X are now set to receive a windfall from their investments in xAI.

Elon Musk’s artificial intelligence startup xAI disclosed Thursday it raised $6 billion in equity financing—the company’s ...

October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for ...

Fidelity marked up the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report ...

Fidelity has raised the estimated value of its stake in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to ...

Musk has given 25% of the shares in his startup xAI to investors who helped fund his $44 billion acquisition of the social ...

The Grok AI chatbot on X has been limited to Premium users. However, as first spotted by The Verge, starting on Friday, free ...

Stellantis CEO Carlos Tavares resigns amid sales slump. Fidelity marks up value of its stake in Elon Musk's X by 32%: report.

AI, has made waves in the tech world with its second major fundraising round of 2024, securing an additional $6 billion.

Even though Fidelity marked up its holdings in X by an impressive 32.37 per cent, it still considers X to be worth ...

Meanwhile, Fidelity is also an investor in Musk's xAI artificial intelligence startup—which is training its large language model on X data—and marked up the value of its stake by around 70% in ...