Elon Musk Announces xAI’s Acquisition of the X Platform
Elon Musk has announced that his artificial intelligence startup, xAI, is acquiring his social networking platform, X, in a deal that values the company, formerly known as Twitter, at an impressive $33 billion.
In a recent post on X, Musk shared, "This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach." With more than 600 million users, the future of X is described as "intertwined" with xAI, which was launched two years ago.
“Today, we officially take…