Elon Musk's artificial intelligence company, xAI, has acquired social media platform X in a $33 billion all-stock deal, valuing xAI at $80 billion and X at $33 billion. The merger aims to unlock immense potential by combining xAI's advanced AI capabilities with X's massive reach of 600 million active users. The combined company will deliver smarter experiences to billions of people, staying true to its core mission of seeking truth and advancing knowledge. This deal is expected to reshape the internet and accelerate human progress. Additionally, xAI's chatbot, Grok, has been experiencing errors despite its popularity, but the acquisition may help improve its performance and expand its reach.
Elon Musk Sells X to xAI
Elon Musk has sold social media platform X to his artificial intelligence company xAI in a $33 billion all-stock deal. The deal values xAI at $80 billion and X at $33 billion. Musk says the move will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach. The combined company will deliver smarter experiences to billions of people while staying true to its core mission of seeking truth and advancing knowledge. X has 600 million active users and xAI has rapidly become one of the leading AI labs in the world.
xAI Acquires X in $33 Billion Deal
Elon Musk's artificial intelligence startup xAI has acquired social media platform X in a $33 billion all-stock deal. The deal values xAI at $80 billion and X at $33 billion. xAI will gain access to X's 600 million active users and X will benefit from xAI's advanced AI capabilities. The combined company will deliver smarter experiences to billions of people and stay true to its core mission of seeking truth and advancing knowledge. Musk says the deal will unlock immense potential and reshape the internet.
Elon Musk Sells X to xAI for $33 Billion
Elon Musk has sold social media platform X to his artificial intelligence company xAI in a $33 billion all-stock deal. The deal values xAI at $80 billion and X at $33 billion. Musk says the move will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach. The combined company will deliver smarter experiences to billions of people and stay true to its core mission of seeking truth and advancing knowledge. X has 600 million active users and xAI has rapidly become one of the leading AI labs in the world.
xAI and X Merge in $33 Billion Deal
Elon Musk's artificial intelligence company xAI has acquired social media platform X in a $33 billion deal. The merger will combine xAI's advanced AI capabilities with X's massive global platform, enabling the creation of more personalized and interactive online experiences. The deal has the potential to reshape the internet and accelerate human progress by enabling the creation of more advanced artificial intelligence systems. Musk says the combined company will deliver smarter experiences to billions of people and stay true to its core mission of seeking truth and advancing knowledge.
Elon Musk Sells X to xAI for $33 Billion
Elon Musk has sold social media platform X to his artificial intelligence company xAI in a $33 billion all-stock deal. The deal values xAI at $80 billion and X at $33 billion. Musk says the move will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach. The combined company will deliver smarter experiences to billions of people and stay true to its core mission of seeking truth and advancing knowledge. X has 600 million active users and xAI has rapidly become one of the leading AI labs in the world.
xAI Buys X in $33 Billion Stock Deal
Elon Musk's artificial intelligence company xAI has acquired social media platform X in a $33 billion all-stock deal. The deal values xAI at $80 billion and X at $33 billion. Musk says the move will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach. The combined company will deliver smarter experiences to billions of people and stay true to its core mission of seeking truth and advancing knowledge. X has 600 million active users and xAI has rapidly become one of the leading AI labs in the world, competing with companies like OpenAI and Google.
Elon Musk Sells X to xAI for $33 Billion
Elon Musk has sold social media platform X to his artificial intelligence company xAI in a $33 billion all-stock deal. The deal values xAI at $80 billion and X at $33 billion. Musk says the move will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach. The combined company will deliver smarter experiences to billions of people and stay true to its core mission of seeking truth and advancing knowledge. X has 600 million active users and xAI has rapidly become one of the leading AI labs in the world.
Grok Faces Errors Amid Ghibli Trend
Grok, a free artificial intelligence chatbot designed by xAI, is facing significant errors in different parts of the world. Despite the issues, Grok has topped the US Google Play Store, surpassing ChatGPT and TikTok. Users have reported receiving internal error messages and being unable to access the chatbot. Elon Musk's xAI has acquired social media platform X in a $33 billion deal, which may help improve Grok's performance and expand its reach.
Key Takeaways
- Elon Musk's xAI has acquired social media platform X in a $33 billion all-stock deal.
- The deal values xAI at $80 billion and X at $33 billion.
- The merger combines xAI's advanced AI capabilities with X's 600 million active users.
- The combined company will deliver smarter experiences to billions of people and stay true to its core mission of seeking truth and advancing knowledge.
- The deal is expected to reshape the internet and accelerate human progress.
- xAI has rapidly become one of the leading AI labs in the world, competing with companies like OpenAI and Google.
- Grok, xAI's free artificial intelligence chatbot, is facing significant errors despite its popularity.
- The acquisition of X may help improve Grok's performance and expand its reach.
- The deal has the potential to enable the creation of more advanced artificial intelligence systems.
- The combined company will focus on creating more personalized and interactive online experiences.
Sources
- Elon Musk Sells X, Formerly Twitter, for $33 Billion to His AI Startup
- X ownership changes from Elon Musk to xAI, exhibits financial creativity
- Elon Musk sells X to his own xAI for $33 billion in all-stock deal
- Elon Musk Merges xAI With X in Deal That Could Reshape the Internet
- Elon Musk Sells X, Formerly Twitter, in $33 Billion Deal to His AI Startup
- Elon Musk's AI company buys X in blockbuster $33B stock deal
- Elon Musk has sold X to his own AI company xAI for $33 billion
- Elon Musk's Grok faces 'error' amid Ghibli trend as AI chatbot tops US Google Play Store, surpassing ChatGPT, TikTok