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xAI Acquires X/Twitter from Michael Tsai RSS feed.

xAI Acquires X/Twitter

Elon Musk (Hacker News): @xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at unprecedented speed […]