America’s businessman Alan Musk, who bought the social media platform Twitter (now x) a few years ago, has now decided to sell the platform. Musk has sold Xi to its second Artificial Intelligence Company XAI after several changes.
Deal for 2 lakh 82 thousand crore rupees
The deal has been done for $ 33 billion, which is equal to about 2 lakh 82 thousand crore rupees in Indian currency. Alan Musk gave this information through a tweet on X. It is being told that the purpose of this deal is to combine XAI’s AI expertise with a wide access to X.
While sharing the post on X, Musk wrote, “XAI has acquired XAI in all-stock transactions. XAI’s value is $ 80 billion and X value of $ 33 billion is under this combination. A loan of $ 12 billion is $ 12 billion in this deal, the total valuation of X is $ 45 billion.”
The future of x and xai is connected
Alan Musk further wrote that the future of X and XAI is connected among themselves. We are taking these steps aimed at mixing data, models and talent. Companies like Musk’s Tesla and SpaceX are already part of their portfolio.
No statement came after the deal
However, no official statement has been revealed from the X and XAI spokespersons after this deal. XAI was launched in 2023 and under this Grok AI Chatbot has been introduced. Grok is capable of giving information on any subject and users can also use it to generate photos.
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The post Elon Musk sold X (East Twitter), XAI’s deal first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
