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Business

Elon Musk sells X to his own company xAI for USD 33 billion in all-stock deal Elon Musk has sold social media site X to his own xAI artificial intelligence company in a USD 33 billion all-stock deal, the billionaire announced on Friday (March 28).Both companies are privately held, which means they are not required to disclo

Reliance pauses buying of Venezuelan oil afte Reliance Industries Ltd. has paused further purchases of Venezuelan crude after US President Donald Trump authorised a 25 per cent tariff on countries buying the South