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Elon Musk has announced that XAI, the artificial intelligence startup that founded in 2023 to compete with Openai, has acquired X, the social network previously known as Twitter. As explained, the operation has been closed through a exchange exchange.
The assessment. During the last months, much has been speculated on the value of XAI and X, with figures that changed according to the different financing rounds. With this transaction, there is already a clearer reference, at least according to the Musk version: XAI becomes valued at 80,000 million dollars, while X stands at 33,000 million. This last figure amounts to 45,000 million if 12,000 million are added in debt, always according to the businessman himself.
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Musk presents Xai as “one of the laboratories of the leaders in the world”, although he is still far from his main rival. OpenAI reached an assessment of 157,000 million dollars in 2024 and could reach 300,000 million with the support of SoftBank. Chatgpt remains the reference, although XAI has updated Grok with functions such as image generation and their own mobile application.
What changes with the acquisition? According to Musk, the operation will allow “combining data, models, computer, distribution and talent.” In practice, integration was already evident: Grok was integrated into X for months. What changes is the legal and corporate structure.
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It will be necessary to see if this restructuring implies offices, transfers or equipment mergers. For now, the impact for users seems minimal. Of course, Musk has accustomed us that everything can change overnight. The promises XAI and X: offer smarter and more personalized experiences.
Images | xai | X
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The news
XAI of Elon Musk acquires X, also from Elon Musk: a movement that almost no one saw
It was originally posted in
WorldOfSoftware
By Javier Marquez.