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#startups

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Elon Musk's AI startup, xAI, has acquired his social media platform, X. Musk said the deal was an all-stock transaction that valued X at $33 billion. "xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent," Musk wrote on — no prizes for guessing — X. Here's more from NBC News.

flip.it/7Hs3KW

NBC News · Elon Musk's AI startup acquires X in deal that values social media platform at $33 billionBy Jason Abbruzzese

🚀 #NGISargasso is pleased to present a new collaboration with #COINVESTIN project!

We have signed a Memorandum of Understanding to support each other by providing visibility to our outreach activities 🔊.

💶 CO-INVESTIN connects #DeepTech startups with European investors, creating cross-border opportunities that fuel growth in EU ecosystems.

They are coordinated by Found.ation, & partnered by Booster Labs, Techcelerator.Co, Tech Tour & EUVC.

Discover more 👉
ngisargasso.eu/2025/03/28/ngi-

🕵️ CEO of AI ad-tech firm pledging “world free of fraud” sentenced for fraud
@arstechnica

「 Roberts, prosecutors said, "directed Kubient employees to generate fake KAI reports based on made-up metrics and no underlying data at all." These fake reports helped sell the story to independent auditors and book the synthetic revenue in financial statements, according to Roberts' indictment 」

arstechnica.com/gadgets/2025/0

Man in dark pinstripe suit holding open a briefcase, from which papers are flying out and covering his face.
Ars Technica · CEO of AI ad-tech firm pledging “world free of fraud” sentenced for fraudBy Kevin Purdy