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Elon Musk has sold social media X to his own XAI artificial intelligence company in a $ 33 billion deal, the billionaire said on Friday.
Both companies are private, which means that they are not required to open their finances to the public.
Musk said in an X publication that this move would “unlock huge potential by mixing the advanced AI capacity and expertise of XAI with the huge X range.” He said the deal estimated XAI at $ 80 billion and x at $ 33 billion. Musk, who serves as CEO of Tesla and SpaceX, as well as President Donald Trump’s adviser, bought the site, then called on Twitter for $ 44 billion in 2022, eradicating his employees and changed his policies on hate speech, misinformation and inspection.
It started the XAI year later.
“XAI and X Futures are intertwined. Today, we are officially taking the step to combine data, models, calculation, distribution and talent. This combination will unlock enormous potential by mixing the advanced capacity of the AI and the XAI experience with the mass scope of X”, writes Musk. ” It remains real, remaining in the truth of people.
It is unclear whether the move will change something for X – XAI users already uses data from user publications on X to train their artificial intelligence models and to pay for X users have access to their AI chatbot, Grok.
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