Elon Musk says Venture Xai of artificial intelligence has captured the X social media platform, previously known as Twitter.
In the Publishing X on Friday, Musk said that the All-Stock treatment is estimated at 80 billion dollars (61.8 billion pounds) and X at $ 33 billion.
Musk paid $ 44 billion to Twitter in 2022.
On Friday, Musk wrote “Xai and X future interlocking.” “Today, we take the step officially to combine data, models, account, distribution and talent.”
This step may aim to protect investors, who helped him buy X, from losing money.
Both x and Xai are specially detained and some major investors participate. It also shares large resources.
“The joint company will provide more intelligent and meaningful experiences for billions of people while preserving our basic mission of searching for truth and progressing in knowledge,” Mousse wrote.
XAI used data from social media on X to train their models, and Chatbot Grok is a prominent feature on the platform.
“This step looks reasonable, given the current trend of increasing investments in artificial intelligence, data and computing centers,” said analyst Paulo Pescator, founder of PP Foresight.
Mr. Musk was closed in a legal battle with Openai, the company that was established in 2015 with CEO Sam Al -Tamman.
Last year, Mr. Musk filed a lawsuit against Openai and Mr. Altman for turmoil from the company’s original mission and payment to transfer the startup to a profit form.
Friday, Wall Street Journal I mentioned This was Openai’s finishing touches on a $ 40 billion financing round with the Japanese Softbank Group. The port also stated that the money depends on the company that completes its restructuring to a profitable entity.
Openai did not respond to the BBC’s investigation about the ranking.
Critics say Mr. Musk suits Chatgpt makers because he wanted to control it.
Earlier this year, a consortium, led by Mr. Musk, made a $ 97.4 billion acquisition of Openai, which was rejected by Mr. Altman, saying that the company is not offered for sale.
The commercial maneuver occurs where Mr. Musk is interested in more attention to the policy, which is now working as the right of the right of Donald Trump.
He led the administration’s batch to reduce federal spending and spent the weekend in Wisconsin, where millions contributed to the state’s Supreme Court race.
The prosecutor in Wisconsin asked the court on Friday to Mr. Musk was prevented from distributing checks of one million dollars For voters there before the elections.