Elon Musk's xAI Acquires Social Media Platform X in $80 Billion Deal
Elon Musk's xAI surprises the tech world by acquiring social media platform X for $80 billion, just two years after his $44 billion Twitter acquisition. The deal aims to integrate data models, computing power, and talent.
Musk's xAI competes with AI giant OpenAI, which recently faced criticism for allegedly abandoning its non-profit mission. Musk remains embroiled in legal battles, including a lawsuit related to a failed takeover attempt.
The acquisition signals deeper AI integration and potential regulatory scrutiny in the tech industry.
Plus234Feed summary based on reporting from Federal Character. Read the original report below.
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