<ul><li>Elon Musk’s xAI startup has acquired the social media platform X, formerly Twitter, in an all-stock transaction.</li><li>The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt).</li><li>This acquisition integrates Musk's AI developments and social media activities by providing xAI complete access to X's user data, base, and distribution methods.</li><li>Musk's xAI has made significant progress in developing AI algorithms, and this acquisition positions the company as a prominent player in the AI competition.</li></ul>

Elon Musk’s $80B xAI Just Acquired $33B X; Here’s What’s Next?

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