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World News@lemmy.worldEnglish · 4 days ago

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

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

Redditsux@lemmy.world to

World News@lemmy.worldEnglish · 4 days ago

cross-posted to:
technology@lemmy.world

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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sporkler@lemmy.world
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4 days ago
I suspect the government(s) that represent the bulk of the funds behind xAI threw the money out to continue operating exactly as he has been.
- klu9@lemmy.ca
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  They thought all they were getting was a piece of the latest hype. Now they’ve got leverage over the entire govt of the United Fucking States!

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