The Elon Musk, who is known for his shocking decision, has once again shocked everyone with his decision. Musk has sold social media X ie Twitter a few years ago. The X has sold Xai to its own AI company XAI. The deal has been done for $ 33 billion (about 28,23,43,71,00,00 rupees).
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In 2022, Musk bought this company by paying $ 44 billion and changed its name to X. Then many employees of the company were fired. Apart from this, changes were also made in the rules related to Hate speech, wrong information and user verification.
@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…
– Elon Musk (@Lonmusk) March 28, 2025
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Alan Musk gave this information in a post on X. He told that this step will benefit greatly by mixing Xai’s AI technology and large network of X. Max wrote, today we are taking steps towards bringing models, jeta, distribution, compute and talent together. Regarding this deal, Allen Musk says that both the huge access (Reach) of X and the advance AI capacity of XAI will open the doors of their possibilities together.
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Company launched in 2023
Musk further said that this company would give billions of people a better and more useful experience. Also, our main goal is to discover the truth and increase knowledge. Let us know that XAI is a US-based American public-gainfit corporation which works in the field of artificial intelligence. The company itself was launched by Allen Musk in 2023, the company’s headquarters are located in San Francisco, California.
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