Elon Musk has announced that her artificial intelligence startup, XAI, has acquired the social media platform X (East Twitter) in a $ 45 billion deal. The acquisition, which includes a $ 12 billion loan, crosses the $ 44 billion musk paid for Twitter in 2022, before preparing it as X.
Sharing the news of the acquisition on its X account, the CEO of Tesla and SpaceX said, “XAI and X Futures are interconnected. Today, we take steps to officially combine data, models, computing, distribution and talent. This combination with the advancement of XAI’s advanced AI capacity and expertise with the advancement AI capacity and expertise with the advancement AI capacity and expertise Will do. “
What is the Xai Startup of Musk?
Elon Musk founded the XAI in 2023, with the vision of developing state -of -the -art artificial intelligence models capable of competing with industry veterans like Openi, Google and Microsoft. Shortly after its launch, XAI introduced Grockes, an AI-operated chatbot, which is designed to provide real-time reactions and to attach to users in a communicative way.
According to a report by NBC News, over time, Groke became an integral part of X, in which users often use it to participate in discussion, take information and generate insight.
To improve its AI model, XAI has used data from social media interaction on X, which refines the ability to react relevant and wisely. This integration between XAI’s technology and huge user-related materials of X has deployed Grok as a major and widely used feature on the platform.
Amid the increasing demand for AI-operated technologies, XAI has attracted significant interest from investors. NBC News reports that Major Wall Street firms, including Blackrock, Fidelity, Morgan Stanley and Sevia Capital, were invested in XAI in December 2024, with major seminal veteran NVDia and AMD, which is reaching 45 billion billion dollars in December 2024.
According to a report by The Guardian, recently, the company took an additional advantage of an additional $ 10 billion in funding, evaluating it to $ 75 billion.
With the confidence of expansion and growing investors, Xai AI is strengthening his position as a prominent player in the scenario. Acquisition of X can take a big step in that direction.
What is the future of XAI and X?
While Elon Musk has not yet announced any immediate change in the X after its acquisition by XAI, he has indicated on the intensive integration of artificial intelligence in the platform. The deal accumulates $ 12 billion in a loan of $ 80 billion to $ 80 billion and $ 33 billion at XAI, $ 12 billion in loans of $ 12 billion, $ 12 billion.
Musk described Xai as one of the world’s fastest growing AI labs, which highlights its rapid progress in developing the AI model and building data centers on an unprecedented scale.
At the same time, Tesla’s CEO emphasized the change of X into a highly skilled company, which is now serving as “Digital Town Square” for more than 600 million active users. He believes that this acquisition reflects platforms for scalable growth, using AI capabilities of XAI to improve the user’s experiences and interactions. He repeated the main mission of XAI of “Searching for Truth and Powering Knowledge”.
Musk expressed his gratitude to the teams in XAI and X for his dedication, calling this acquisition “bus start”. He also acknowledged the continuous support of partners and investors.
