Musk’s AI Startup Buys Social Media Platform X in $45 Billion Deal
By Tom Ozimek Elon Musk announced Friday that his artificial intelligence company, xAI, has acquired his social media platform X in an all-stock deal valued at $45 billion. “xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent,” Musk wrote in a March 28 post on X. “This combination will unlock immense…
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