World News@lemmy.worldEnglish · 6 days ago

Elon Musk sells X to his own xAI for $33 billion in all-stock deal

apnews.com

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Elon Musk sells X to his own xAI for $33 billion in all-stock deal

apnews.com

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World News@lemmy.worldEnglish · 6 days ago

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday.

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6 days ago
Since it’s a money hole just like all of the other “AI” companies, who’s funding xAI and what are they getting out of being a slush fund for musk?

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