MercoPress. South Atlantic News Agency

Musk launches daring AI merger involving X

Elon Musk’s artificial intelligence startup, xAI, has acquired his social media platform, X, in an all-stock deal valuing the latter at US$ 33 billion, the South African-born tycoon announced. The acquisition merges two of Musk’s prominent ventures, combining xAI’s AI expertise—bolstered by its chatbot Grok and a massive GPU supercomputer—with X’s vast user reach. Read full article