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AI News from ET - Elon Musk-Telegram AI pact sets the stage for more drama

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Musk may not be in the best of moods. With the true impact of his Department of Government Efficiency still unclear, he left his post at the White House this week. Now he’s turning back to a business empire in flux, having leaned on AI to balance his books. The generative AI boom has pushed the value of two-year-old xAI to $80 billion, and Musk recently merged that company and X (formerly known as Twitter and worth far less) under a single entity, xAI Holdings.

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