Elon Musk’s AI Ambitions: xAI Acquires X in a $33 Billion Deal

Elon Musk's artificial intelligence venture, xAI, has made a significant move by acquiring the social media platform X in a blockbuster $33 billion stock deal. This strategic acquisition positions xAI to leverage X's vast user base and data to further its mission of accelerating human scientific discovery.

Musk, who has been vocal about the importance of AI in shaping the future, emphasized that Tesla will play a central role in xAI's operations. The integration of Tesla's advanced technologies and data with xAI's AI research aims to create a synergy that could lead to breakthroughs in various fields.

The acquisition has sparked discussions about the future of AI and social media integration. Analysts predict that xAI's control over X could lead to innovative features that enhance user experience and drive scientific advancements. However, concerns about data privacy and the ethical implications of such a merger have also been raised.

• Elon Musk
• Tesla
• X
• xAI

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What was X bought for?

March 28 (Reuters) - Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion and allows the value of his artificial intelligence firm to be shared with his co-investors in the company formerly known as Twitter.

Who did Elon sell X to?

Elon Musk on Friday evening announced he has sold his social media company, X, to xAI, his artificial intelligence company.

Does Elon Musk own X?

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held, which means they are not required to disclose their finances to the public.

Did Elon sell X on Twitter?

Elon Musk has sold X, formerly Twitter, to his AI company xAI in a $33 billion all-stock deal, signaling deeper integration between artificial intelligence and the social media platform.

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