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Reading: xAI, Elon Musk's AI company, just purchased X, Elon Musk's social media company
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inkeinspires.com > Technology > xAI, Elon Musk's AI company, just purchased X, Elon Musk's social media company
Technology

xAI, Elon Musk's AI company, just purchased X, Elon Musk's social media company

MTHANNACH
Last updated: March 29, 2025 1:45 am
MTHANNACH Published March 29, 2025
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The company AI d’Elon Musk, XAI, bought X, According to an article shared by Musk. In addition to their similar names and owners, companies are already connected via the XAI Grok chatbot, which is integrated into X.

X was acquired by XAI via an All-Stock transaction. “The combination varies xai to $ 80 billion and X at $ 33 billion ($ 45 billion in 12 billion dollars),” writes Musk. “The future of Xai and X are intertwined.” Companies plan to combine “data, models, calculation, distribution and talents”, using the scope of X as a social platform to disseminate “the Advanced XAI capacity”. The message offers few details beyond that, but the motivations could be as financial as it is practical.

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@xai has acquired @X in an All-Stock transaction. The combination values ​​XAI at $ 80 billion and X at 33 billion dollars ($ 45 billion in debt of less than $ 12 billion).
Since its foundation two years ago, XAI has quickly become one of the main Laboratories of AI in the world, creating models and data centers in …

– Elon Musk (@elonmusk) March 28, 2025

X, then Twitter, was acquired by Musk in 2022 for $ 43 billion. XAI, like many leading AI companies, has been collect funds As often and as quickly as possible. The combination of the two companies, in addition to the potential advantages blurred, publications on social networks could have for the formation of AI, helps to relieve part of the debt that Musk took to take Twitter private. The billionaire pulled a similar blow in 2016 with Tesla, when the automaker merged with Solarcity for $ 2.6 billion.

This article originally appeared on engadget to

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