SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions

(Reuters) - Elon Musk said on Monday that SpaceX (SPAX.PVT) has acquired his artificial-intelligence startup xAI (XAAI.PVT) in a record-setting deal that unifies Musk's AI and space ambitions by combining the rocket-and-satellite company ​with the maker of the Grok chatbot. The deal, first reported by Reuters last week, represents one of the most ‌ambitious tie-ups in the technology sector yet, combining a space-and-defense contractor with a fast-growing AI developer whose costs are largely driven by chip ...