March 28, 2025

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AI Revolutionizes Social Media and Business with New Acquisitions and Integrations

Elon Musk's artificial intelligence company xAI has acquired social media platform X, formerly known as Twitter, in an all-stock transaction valued at $33 billion to $45 billion, aiming to unlock immense potential by combining xAI's advanced AI capability with X's massive reach. Meanwhile, other companies such as Tesorio and Twin are integrating AI into their platforms to improve efficiency and accuracy. However, concerns about AI's impact on society and the environment have been raised, with Zelda Williams criticizing Studio Ghibli-style AI art as 'technological piracy'. Additionally, schools of education have been found to be failing to prepare teachers for the use of AI in the classroom, and some companies like Lloyds Bank are taking steps to train their executives on AI to work better with AI-driven tools.

Elon Musk Sells X to xAI for $33 Billion

Elon Musk has sold social media site X to his artificial intelligence company xAI for $33 billion in an all-stock deal. Musk announced the move on X, saying it will unlock immense potential by blending xAI's advanced AI capability with X's massive reach. The deal values xAI at $80 billion and X at $33 billion. Both companies are privately held, and the move is expected to deliver smarter experiences to billions of people. Musk had bought X, formerly known as Twitter, for $44 billion in 2022 and has since made significant changes to the platform.

xAI Buys Social Media Platform X for $45 Billion

Elon Musk's artificial intelligence company xAI has acquired social media platform X, formerly known as Twitter, in an all-stock transaction valued at $45 billion. Musk announced the deal on X, saying it will combine the data, models, compute, distribution, and talent of both companies. The move is expected to unlock immense potential and deliver smarter experiences to billions of people. xAI was launched in 2023 and has raised $6 billion from investors at a valuation of $40 billion.

Tesorio Adds AI Agent to AR Automation Platform

Tesorio has added an AI agent to its accounts receivable automation platform to help finance teams manage supplier portals. The AI agent automates portal-based invoicing, from submission to payment tracking, and eliminates the need for manual invoice submission and tracking. The move is expected to reduce errors and increase efficiency for finance teams. Tesorio's AI agent detects invoices, matches them to purchase orders, and provides a single source of truth for tracking invoices and performance metrics.

Zelda Williams Slams Studio Ghibli-Style AI Art

Zelda Williams, daughter of Robin Williams, has criticized Studio Ghibli-style AI art, calling it "technological piracy" and "negative effects on our environment". OpenAI's newest image generation technology has gone viral for its ability to replicate the animation style of Japanese animation house Studio Ghibli. However, Zelda Williams pointed out that Studio Ghibli founder Hayao Miyazaki has expressed distaste for artificial intelligence in the past. She argued that people are sharing AI-generated memes and photos without considering the potential dangers of AI.

Elon Musk Sells X to xAI for $33 Billion

Elon Musk has sold his social network X to his artificial intelligence company xAI in an all-stock transaction valued at $33 billion. The deal values xAI at $80 billion and X at $33 billion, including $12 billion in debt. Musk announced the move on X, saying it will unlock immense potential by blending xAI's advanced AI capability with X's massive reach. The combined company will deliver smarter, more meaningful experiences to billions of people while staying true to its core mission of seeking truth and advancing knowledge.

Elon Musk's xAI Acquires X for $33 Billion

Elon Musk's artificial intelligence startup xAI has acquired his social media platform X, formerly known as Twitter, for $33 billion in an all-stock transaction. The deal values xAI at $80 billion and X at $33 billion, or $45 billion including debt. Musk announced the acquisition on Friday, saying it entails the combination of xAI and X's data, models, compute, distribution, and talent. The move is expected to deliver smarter, more meaningful experiences to billions of people.

Lloyds Execs Attend AI Training at Cambridge

Lloyds Bank is training its top executives on AI to help them work better with AI-driven tools. The bank sent 300 senior executives to the University of Cambridge to learn about AI and its applications. The goal is for attendees to understand what AI is, what it can do, and how to use it effectively. The training is part of the bank's efforts to deploy AI technology and improve its operations.

Twin Releases AI Agent for Invoice Retrieval

Twin has released its first AI agent, an invoice retrieval agent for Qonto customers. The agent automates the process of gathering and uploading invoices to Qonto, saving customers several hours per month. The agent uses artificial intelligence and computer vision to navigate websites and download invoices. Twin believes that AI agents can become cheaper, faster, and more accurate across a wide variety of tasks, and is planning to expand its agent platform to other applications.

Schools of Education Fail to Prepare Teachers for AI

Research has found that schools of education are failing to prepare teachers to use artificial intelligence in the classroom. Despite the growing importance of AI in education, many schools are not incorporating AI training into their teacher preparation programs. This is leaving future teachers unprepared for the AI-driven realities they will face in the classroom. The research suggests that schools of education need to adapt and start providing AI training to teachers, or risk becoming irrelevant. Districts are already taking a hands-on approach to AI training, and schools of education need to follow suit.

Key Takeaways

  • Elon Musk's xAI has acquired social media platform X for $33 billion to $45 billion in an all-stock transaction.
  • The acquisition aims to combine xAI's advanced AI capability with X's massive reach to deliver smarter experiences to billions of people.
  • Tesorio has added an AI agent to its accounts receivable automation platform to help finance teams manage supplier portals.
  • Twin has released an AI agent for invoice retrieval, automating the process of gathering and uploading invoices to Qonto.
  • Zelda Williams has criticized Studio Ghibli-style AI art as 'technological piracy' and raised concerns about the negative effects of AI on the environment.
  • Lloyds Bank is training its top executives on AI to help them work better with AI-driven tools.
  • Schools of education have been found to be failing to prepare teachers for the use of AI in the classroom.
  • xAI was launched in 2023 and has raised $6 billion from investors at a valuation of $40 billion.
  • The acquisition of X by xAI values xAI at $80 billion and X at $33 billion, including $12 billion in debt.
  • Companies are increasingly integrating AI into their platforms to improve efficiency and accuracy, but concerns about AI's impact on society and the environment are growing.

Sources

Artificial Intelligence AI Technology Machine Learning Elon Musk xAI Social Media