Musk's xAI buys Musk's X social media platform for $33 billion
Musk's xAI buys Musk's X social media platform for $33 billion
March 28 (Reuters) - Elon Musk's xAI artificial intelligence firm has acquired Musk's X, the social media outfit formerly known as Twitter for $33 billion, marking the latest twist in the billionaire's rapid consolidation of power.
The all-stock deal announced on Friday combines two of Musk's multiple portfolio companies, which also include automaker Tesla and SpaceX, and potentially eases Musk's ability to train his AI model known as Grok.
