xAI - M&A Summary and Business Overview

Internet Software And ServicesCompany

xAI M&A Summary

xAI has acquired 2 companies, including 2 in the last 5 years.

xAI’s largest acquisition to date was in 2025, when it acquired X for $33.0B. xAI has acquired in 2 different US states. The Company’s most targeted sectors include internet software and services (100%).

xAI Business Overview

Where is xAI headquartered?

xAI is headquartered in Palo Alto, California.

What sector is xAI in?

xAI is an internet software and services company.

When was xAI founded?

xAI was founded in 2023.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

xAI

X.AI LLC

1450 Page Mill Road,
Palo Alto, California 94304
United States,
www.x.ai

xAI is an artificial intelligence company focused on processing and analyzing large data sets including data, images and other collections of knowledge. The Company was formed in 2023 and is based in Palo Alto, California.


M&A Summary

Buy vs Sell

Year '23 '24 '25 T
Buy (0.7/yr) # - - 2 2
vol $33.0B $33.0B
Sell (0.0/yr) # - - - 0
  2
+20012-0.50.51.52.50

Most Recent M&A

Company Date Value Type
X Corp. 2025-03-28 33.0B USD Merger
Bastrop, Texas · www.x.com
Hotshot 2025-03-17 - Add-on Acquisition
New York, New York · www.hotshot.co
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 2 (100%) 33.0B (100%) - -
Total 2 $33.0B - -

By Geo

State/Country Buy Value Sell Value
United States 2 33.0B - -
  Texas 1 33.0B - -
  New York 1 - - -
Total 2 $33.0B - -

Deal Values

buy # Total
> $1B 1 $33.0B
TOTAL $33.0B
Largest X Corp.
$33.0B (2025-03-28)

M&A Connections

Deals
Acquired from
Strategic(s)
50%
1 (50%)

 Subscribe to unlock this and 212,929
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.7K Private Equity Firms
  • 206K M&A Transactions
  • 208K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.7K M&A Advisors
    (Investment Banks and Law Firms)
  • 80K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.