A Strategic Merger Poised to Reshape AI and Social Media Integration Elon Musk made a groundbreaking announcement on Friday, revealing that his artificial intelligence venture, xAI, has acquired the social media platform X—formerly known as Twitter—in an all-stock transaction valued at $45 billion. This figure surpasses the $44 billion Musk originally paid for the site in 2022. “The combination values xAI at $80 billion and X at $33 billion,” Musk disclosed in a statement posted on X. The deal includes $12 billion in debt, pushing the overall valuation of X to $45 billion. Merging AI and Social Media The Tesla … Continue reading Elon Musk’s x AI Acquires Social Media Giant X for $45 Billion