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DeeperML
S.Dyema Zandria@The Tech Basic
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Elon Musk has officially merged his AI startup xAI with the social media platform X, formerly known as Twitter, in an all-stock transaction. The deal, announced on Friday, values xAI at $80 billion and X at $33 billion, or $45 billion including debt. This move combines two of Musk's prominent companies, aiming to create a unified AI-social media powerhouse.
Musk stated that the future of xAI and X are now "intertwined," and that this combination will unlock immense potential. The integration will combine data, models, compute, distribution, and talent from both companies. xAI's Grok chatbot is already integrated into X and utilizes the platform's vast user data for training. The combined company will focus on delivering smarter, more meaningful experiences while seeking truth and advancing knowledge.
ImgSrc: thetechbasic.co
References :
Musk stated that the future of xAI and X are now "intertwined," and that this combination will unlock immense potential. The integration will combine data, models, compute, distribution, and talent from both companies. xAI's Grok chatbot is already integrated into X and utilizes the platform's vast user data for training. The combined company will focus on delivering smarter, more meaningful experiences while seeking truth and advancing knowledge.
ImgSrc: thetechbasic.co
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References :
- Pivot to AI: Elon Musk merges xAI and Twitter — the new AOL Time Warner
- TechInformed: Elon Musk merges social platform X into xAI in $33bn deal
- www.tomsguide.com: Elon Musk's AI company just engulfed X for $33 billion — here's what that means
- Antonio Pequen?o IV: Elon Musk Says AI Has Purchased X, Formerly Known As Twitter, For $33 Billion
- The Rundown AI: Elon's $113B AI-social merger
- The Tech Basic: Elon Musk Merges xAI and X in $33 Billion Deal to Accelerate AI Integration
- The Register - Software: Billionaire Elon Musk's xAI is to acquire billionaire Elon Musk's X in a deal that values the former at $80 billion and the latter at $33 billion.…
- TechCrunch: Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, in an all-stock deal, he announced in a post on X Friday. “xAI has acquired X in an all-stock transaction,� Musk said. “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B …
- www.techrepublic.com: Elon Musk’s xAI Acquires X in $45B Deal to ‘Unlock Immense Potential’
- www.lemonde.fr: Why Elon Musk is merging his artificial intelligence company xAI with his social media network X
- THE DECODER: Elon Musk merges xAI and X in all-stock deal
- SiliconANGLE: Elon Musk’s xAI acquires X at $33B valuation