Xai, Elon Musk’s AI, just bought x, Elon Musk’s Social Media Company

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Elon Musk’s AI, XAI, X, bought, bought According to participation participation by Musk. Besides their similar names and owner, companies are already associated with Chatbot Grok from XAI, which was combined into X.

X was obtained by Xai by the All-Stock treatment. “The Xai Mix is ​​estimated at $ 80 billion and X at 33 billion dollars ($ 45 billion less than $ 12 billion),” MUSK writes. “The future of xi and X is overlapping.” Companies are planning to combine “data, models, account, distribution and talent”, using the access of X as a social platform to publish “Advanced AI’s ability from Xai”. The publication provides few details that go beyond that, but the motives may be financial as they are practical.

X, then Twitter, was Hanging her musk In 2022, compared to $ 43 billion. Xai, like many artificial intelligence companies, was Money Often the faster as possible. The combination of the two companies, along with the vague potential benefits that social media leaflets can enjoy to train artificial intelligence, helps reduce some of the debts that Musk took on Twitter Private. Pull the billionaire a similar trick in 2016 with Tesla, when the auto maker is It merged with Solarcity for $ 2.6 billion.

This article was originally appeared on Engadget on https://www.engadget.com/social-Media/xai-elon-musks-ai-company-just-purchated- X-elon-musks-social-modia-company-21503759



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