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xAI

 Elon Musk’s xAI acquires X in deal valued at $33 billion, boosting AI growth

March 29, 2025 by Attia Naveed

Elon Musk’s xAI has acquired the social media platform X, which was valued at $33 billion in the deal. This move allows xAI to leverage the platform’s data and distribution channels for its AI development, particularly for its chatbot Grok. Musk stated that the merger would enhance the capabilities of both companies, valuing xAI at […]

Filed Under: World Tagged With: $33 billion, AI development, elon musk, social media platform X, xAI

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