Billionaire Elon Musk on Friday said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company, once known as Twitter at $33 billion.
As we noted in January, xAI staffers were also X employees, with company laptops and access to its code base. Musk had also previously claimed X investors would own 25 percent of xAI, but as of ...
Elon Musk announced his artificial intelligence company, xAI, acquired his social media platform, X. The all-stock deal valued xAI at $80 billion and X at $33 billion — $45B less $12B debt ...
If you’re Elon Musk, you sell X to xAI. He did OK on the sale. In a Friday evening tweet on X, Elon Musk wrote that xAI had acquired X for $33 billion, or “$45 B less $12B debt.
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