Elon Musk says XAI acquired x

The launch of AI on Elon Musk, XAI has acquired its social media X platform known as Twitter in a deal with all stocks, it announced in A a Posting on X FridayS

“XAI has acquired X in the deal with all stocks,” Musk said. “The combination estimates the XAI at $ 80 billion and X at $ 33 billion ($ 45 billion less than $ 12 billion).”

Musk continued to describe the future of the two companies as “intertwined”. He added: “Today we are officially taking the step to combine data, models, calculation, distribution and talent.”

Acquisition of places X – the highly influential social media platform Musk, purchased in 2022 under its previous name, Twitter – firmly under the Musk AI Startup umbrella, which he founded in 2023 to compete with Openai. While XAI products, including its AI Chatbot Grok, were tightly integrated into the X platform before this transaction, Friday’s acquisition further combines two of Musk’s highest-profile companies.

Musk – which also leads Tesla, Spacex and Neuralink – notes in its publication that this deal estimates X to $ 33 billion (lowered by an enterprise of $ 45 billion due to a $ 12 billion debt). Initially, Musk bought X for $ 44 billion in October 2022 and accepted it privately. However, the assessment has been spinning dramatically in recent years. At one point, faithfulness worth X at less than $ 10 billionS

During the months after President Donald Trump’s office, for whom Musk is aggressively campaigning and for whom Musk now serves as a special advisor leading to Dodge – X rating has increasedTo a large extent, because investors believe in the platform more influential now. Musk said in his post on Friday that X has more than 600 million active users.

Musk launches XAI in 2023 and since then has accumulated launch with leading AI -leading AI researchers from Google Deepmind, Microsoft and Openai, and The massive data centers for AI To catch up other FRONTIER AI developers. To nourish this effort, Musk has launched a historical fundraising campaign including a Round to fund $ 6 billion in December, which estimated the launch of $ 45 billionS According to Musk, XAI’s estimate is already even higher, at $ 80 billion.

XAI is largely successful in its Mad Dash to catch up Openai, Google Deepmind and Anthropic. In February, The launch released Grok 3The Frontier AI model that is competitive with the leading AI models in the industry of mathematics, science and encoding indicators.

But the successes of XAI did not stop Musk from interfering with Openai, a startup, which he co -founded with Sam Altman. Currently, Musk is trying to thwart the transition to profit to OpenAi-who has to end in order to provide future funding-more than one ways. The owner of the XAI billionaire has made OpenAi’s profit transition to the center of his court case against OpenaiS Musk also presented a $ 97 billion bid to start Altman starting in February. Openai’s advice immediately rejected the idea, but she already May have increased the market price for Openai’s assetsS

One of the main advantages that XAI has over Openai and other start -ups is its access to X. The big body of publications that X has accumulated over the years gives the XAI a significant advantage in the AI ​​Training Data race. In addition, X gives AI a Musk launch of a huge user application to reach users.

Musk has a history of blurring lines between many companies that have land it in legal problems beforeS With the acquisition of XAI by X, the two are already effective – and this move suggests that the true value of X can hide in the progress of the wider ambitions of Musk.