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The CEO of Tesla, Elon Musk Boards Air Force One with the president of the United States, Donald Trump (not in the photo) when they go to Philadelphia, Pennsylvania, from the Morristown municipal airport in Morristown, New Jersey, USA, March 22, 2025.
Nathan Howard | Reuters
ELON ALMIZCLE Said on Friday that its Startup XAI has merged with X, its social network, in a transaction of the entire state of stocks that values the artificial intelligence company at $ 80 billion and the social networks company at $ 33 billion.
“The futures of Xai and X are intertwined,” Musk, the richest person in the world, wrote In a publication about X. “Today, we officially take the step to combine the data, models, calculators, distribution and talent.”
He added that the fusion “unlock an immense potential by combining Xai’s advanced ability and experience with the massive reach of X”.
He Tesla And the Spacex CEO acquired Twitter in an agreement valued at around $ 44 billion at the end of 2022 by implementing mass cost cuts and soon rename X.
Musk launched Xai less than two years ago with a declared objective of “understanding the true nature of the universe.” The startup has been trying to compete directly with Openai, the rically valued startup that Musk co -founded in 2015 as a non -profit research laboratory. Later he left OpenAI and has recently been involved in a public relationship and a legal dispute with the company and CEO Sam Altman on the direction taken.
In XAI, the Musk team has been developing large models of Languages and AI software products, assuming OpenAi offers, as well as in Google, Microsoft, Meta and others. X and XAI have already been intertwined, with the XAI Grok chatbot available for users of social networks application.
In June, Xai announced that he would build a supercomputer in Memphis, Tennessee, to train Grok. And in September, musk revealed Part of the Memphis supercomputer, now known as Coloso, was already online.
In a financing round last year, investors valued XAI in around $ 50 billion. Bloomberg reported last month that the company was in conversations to raise funds with an assessment of $ 75 billion. Operai closed to conclude a round in February at $ 260 billion, while the generative startup Anthrope was valued at $ 61.5 billion In an agreement that closed this month.
LOOK: X acquires Xai
