Elon Musk said Friday that XAI has acquired X, the application of social networks previously known as Twitter, in a transaction totally into shares for 45,000 million dollars, including debt.
He explained that he sold the social network X to his artificial intelligence company with the aim of combining their data, capacities and resources.
“This combination will unlock immense potential by mixing the ability to advance and knowledge of Xai with the massive reach of X,” said the businessman in a message in this same social network, advancing that he seeks to build a platform that “accelerates human progress.”
He added that the combined company would be valued at 80,000 million dollars.
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The artificial intelligence startup of the billionaire, which was launched in 2023, recently raised $ 6,000 million of investors to an assessment of 40,000 million dollars, according to Fuentes to Reuters.
With information from Reurters and EFE
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