“Musk Transfers Ownership of X to AI Venture xAI”
Elon Musk announced on Friday that he has sold the social media platform X (formerly known as Twitter) to his artificial intelligence company, xAI, in an all-stock transaction valued at $33 billion. The move formally aligns Musk’s social media and AI ventures under one umbrella, with Musk emphasizing the strategic integration of both platforms’ capabilities. […]
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