Elon Musk’s xAI firm buys social media platform X for $33bn
Source: The Guardian
Specifics of deal remain unclear, including how X’s leaders will be integrated into new company
Elon Musk’s xAI artificial intelligence firm has acquired Musk’s X – the social media platform formerly known as Twitter – for $33bn, marking the latest twist in the billionaire’s rapid consolidation of power.
The all-stock deal announced on Friday c… [4572 chars]