menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Elon Musk’...
source image

The Apple Post

3d

read

394

img
dot

Image Credit: The Apple Post

Elon Musk’s xAI acquires X, formerly Twitter

  • Elon Musk's artificial intelligence company, xAI, has acquired X, formerly known as Twitter, in an all-stock deal.
  • The acquisition values xAI at $80 billion and X at $33 billion, including debt of $12 billion.
  • The combination aims to combine xAI's advanced AI capability with X's massive reach to deliver improved experiences to users.
  • Musk originally purchased Twitter in 2022 and has faced criticism for changes to content moderation and its impact on the platform's value and direction.

Read Full Article

like

23 Likes

For uninterrupted reading, download the app