Elon Musk Merges X and xAI, Creating a $113 Billion AI Giant
3d ago•
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Elon Musk announced the merger of his two companies, X (formerly Twitter) and xAI, in an all-stock transaction valuing the combined entity at $113 billion. The deal, which values xAI at $80 billion and X at $33 billion, marks a strategic consolidation of Musk’s tech businesses to unlock the potential of artificial intelligence and social […]
3d ago•
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