Summary

Elon Musk announced that his AI startup xAI has merged with his social media platform X in an all-stock deal, valuing xAI at $80 billion and X at $33 billion.

Musk stated the merger will combine AI expertise with X’s broad reach.

xAI, launched less than two years ago, competes with OpenAI and has developed the Grok chatbot, integrated with X.

  • @MuskyMelon@lemmy.world
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    21 days ago

    It’s not a xhitter bailout. It’s a robbery of shareholder investment.

    If he wants to use xhitter content for grok, that’s gonna be most fucked up LLM of all.