[2025-03-29] The latest IT, economic, blockchain and coin news

In a consolidation of his tech businesses, X owner Elon Musk said in a post on Friday that xAI, the developers of Grok, had acquired X (formerly Twitter) in an all-stock transaction. According to Musk, the merger values xAI at $80 billion and X at $33 billion. Musk bought Twitter for $44 billion in April 2022. By October 2024, Fidelity Investments adjusted the valuation of its stake in X, estimating the company’s overall value to be approximately $9.4 billion. Though its valuation had recovered...