According to a billionaire, trade is the first step in the merger of companies data.
Billionaire Elon Musk says that his artificial intelligence company XAI has acquired the message service X. Musk tells about this in an update published on X.
The purchase price was paid in full with XAI shares. In the store, the present value of the message service settles for $ 33 billion and the value of an artificial intelligence company to $ 80 billion. Musk bought X for $ 44 billion in 2022, while it was still called Twitter.
According to Musk, the shop is the first step in the blending of XAI and X data.
“This combination can release enormous potential when mixing XAI’s advanced artificial intelligence expertise with X’s massive reach,” Musk said.
Founded by a billionaire two years ago, an artificial intelligence company has developed a Grok discussion bot. Musk hopes that Grok will compete with leading language models such as Openai chatgpt and Chinese Deepseek. Musk described Grok 3 as “frighteningly smart” published in February.
Musk also owns, among others, Tesla, a manufacturer of electric cars and SpaceX space company.
Musk has used X as a horn to spread his own political views. The visibility brought by X has also helped him to grab direct political power. After visibly supported Donald Trump In the US presidential election, Trump appointed Musk to lead the so -called government efficiency agency (Dog). Musk has been one of the most influential players in Trump’s administration.