Illon Musk, AI, XAI, on the X social media platform, previously known as Twitter, acquired a deal worth $ 33 billion (30.5 billion euros).
This step works to unify Musk’s AI projects and social media projects, putting Xai for the broader expansion of the competitive artificial intelligence market.
Musk announced the acquisition of a post on X, that the transaction is estimated at 80 billion dollars and X at $ 33 billion, after the debt account.
“The future of Xai and X is intertwined.” “This mixture will open the enormous potential by mixing the advanced and expertise of Xai’s advanced artificial intelligence with the arrival of X.”
Although the financial details of the deal are still not announced because both companies are owned by a private ownership, it is still not clear how the acquisition of X.
Musk originally acquired Twitter for $ 44 billion in 2022, after which he renamed the brand as X and implemented comprehensive changes, including collective demobilization operations, policy transformations, and the approach of the Institute of Festerly Content. These changes sparked a significant exit for advertisers, which led to a sharp decrease in revenue.
In 2023, Musk Xai founded to compete with the main artificial intelligence players, including Openai and Chinese Dearsek. In February, Xai Grok-3 launched the latest Chatbot, and has increased its ability to the data center to enhance the development of artificial intelligence.
Musk also made a $ 97.4 billion offer to get Openai earlier this year, but the offer was rejected. Nevertheless, he continues to expand his influence in artificial intelligence, social media and beyond.
In addition to leading Tesla and Spacex, Musk has gained an increasing presence in Washington. He is now chairing the administration’s efforts to reduce costs as head of the Ministry of Government efficiency, or Doug.
