Originally appeared on E! Online A little bird told us more changes are afoot for the company formerly known as Twitter. Elon Musk —who bought Twitter in 2022 and changed the social media platform’s name to X the following year—revealed that his artificial intelligence startup xAI has acquired the brand in a lucrative, all-stock deal. “The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt),” Musk wrote in a March 28 post to X . “Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at unprecedented speed and scale.” He continued, “X is the digital town square where more than 600M active users go to find the real-time source of ground truth and, in the last two years, has been transformed into one of the most efficient companies in the world, positioning it to deliver scalable future growth.” More than one year after Grok—an AI-powered chatbot created by xAI that’...
ONENAIJA
Where computer technology, Internet, cheat and tricks comes Alive