Elon Musk said his social media company X and his artificial intelligence firm xAI are merging, formally combining two entities that had already been sharing capabilities and user data.
“xAI and X’s futures are intertwined,” Musk wrote in a Friday X post. “Today, we officially take the step to combine the data, models, compute, distribution and talent.”
The all-stock deal values xAI at $80 billion and X at $33 billion, according to Musk’s post. Details of the transaction were not immediately clear.
Comments
No comments on this item Please log in to comment by clicking here