Elon Musk announced on March 28 that his artificial intelligence company, xAI, has acquired his social media platform, X, in an all-stock deal valued at $45 billion.
“xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent,” Musk wrote in a March 28 post on X. “This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.”
