Tag: Elon Musk's X

• Monday, March 31st 2025 - 08:53 UTC

  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.

• Friday, February 21st 2025 - 12:00 UTC

  Brazil: Busy day for Justice De Moraes

  

  Brazil's Supreme Federal Court (STF) Justice
  Alexandre De Moraes had a busy day Thursday, issuing key rulings concerning social platforms X and Rumble - both involving blogger Allan dos Santos' accounts - and former President Jair Bolsonaro.

• Saturday, October 5th 2024 - 10:40 UTC

  De Moraes says X paid fine to a wrong account

  

  Brazil's Supreme Federal Court (STF) Justice Alexandre De Moraes said Friday that tycoon Elon Musk's social platform X had paid its R$ 28.6 million (US$ 5.24 million) fines to a wrong account and ordered this situation to be solved before allowing the service back, Agencia Brasil reported. X has been banned from South America's largest country since Aug. 30.