Elon Musk revealed Friday that his artificial intelligence startup, xAI, is acquiring the social media platform X, formerly known as Twitter.
The deal values X at $33 billion, marking a significant convergence of AI and social networking.
Musk stated that the acquisition aims to “unlock immense potential” by integrating xAI’s advanced AI capabilities with X’s extensive user base.
This strategic move signals Musk’s ambition to fuse his AI ventures with his established social media platform.