Catenaa, Friday, May 30, 2025-Elon Musk on Wednesday refuted Telegram’s announcement of a $300 million partnership to integrate xAI’s Grok chatbot into the messaging app, saying no agreement has been finalized. The contradiction followed Telegram CEO Pavel Durov’s public claim that his company had entered a cash-and-equity deal with Musk’s xAI to deploy Grok across […]

Catenaa, Monday, March31, 2025- Elon Musk has sold social media platform X to his artificial intelligence firm xAI in an all-stock deal, valuing xAI at $80 billion and X at $33 billion, the billionaire announced Friday.  The move comes as Musk faces renewed legal pressure after a U.S. judge rejected his bid to dismiss a […]

Catenaa, Tuesday, June 17, 2025- Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the $5 billion debt funding plan, Bloomberg reported on Tuesday. Citing information the company shared with investors who asked not to be identified, Bloomberg’s report said that xAI, which is […]

Catenaa, Thursday, May 29, 2025-Telegram is seeking to raise $1.5 billion through a bond issuance, just days after securing a $300 million partnership deal with Elon Musk’s artificial intelligence firm xAI, according to the Wall Street Journal. The bond offering will reportedly include contributions from existing backers BlackRock and Abu Dhabi’s Mubadala, with Citadel expected […]