Always shocked the world with his decision, Alan Musk, once again, made a big decision and sold the microblogging site Twitter to his own company AI XAI. The deal has been done for $ 33 billion. Significantly, a few months ago Musk bought Twitter for $ 44 billion and later changed the name of Twitter to X.
However, Alan Musk later made X a company. He himself gave information about this latest development by posting a post on X. He wrote in the post that by this step, he will get a lot of benefit to the AI technology of XAI and the big network of X.
Musk wrote in his post- XAI and X are connected to each other in future and are taking steps to join data, models, commuting power, talent and distribution. He further wrote that this mail is going to benefit greatly by mixing the capacity of XAI and large network of X.
@xai has acquired @X In an all-stock transaction. The combination values xai at $ 80 billion and x at $ 33 billion ($ 45b less $ 12b debt).
Since Its founding two years ago, Xai has rapidly become one of the leading ai labs in the world, building models and data centers at…
– elon musk (@elonmusk) March 28, 2025
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