Elon Musk sells X to his own xAI
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New York Post |
The merger is expected to significantly boost xAI’s competitive edge, particularly with the integration of Grok, xAI’s own chatbot.
BBC |
Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter.
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Elon Musk said on Friday that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including $12 billion in debt.
Nvidia and xAI are set to join a partnership between BlackRock and Microsoft to invest billions in growing the infrastructure needed to power artificial intelligence projects.
In its documentation, xAI notes that the API doesn't support adjusting the quality, size, or style of images yet, and that prompts in ... and is in the process of expanding the Memphis-based data center it uses to train and run its various models.
The Memphis City Council Tuesday evening gave final approval on selling 13 acres of land where xAI is expected to build a water reuse facility.
The all-stock deal values xAI at $80 billion and X at $33 billion, according to Musk’s post. The billionaire has increasingly linked the two companies, wielding user data from X to train its AI models.