@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).
— Elon Musk (@elonmusk) March 28, 2025
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…
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Sideways transaction means someone got paid off…
Yeah, Elon’s debt from when he bought Twitter.
Could be to protect against governments.
Could be to share data and avoid charges of collusion.
Could simply be to make operations more seamless.
could be to feed all the world’s Twitter data to the xAI Beast…
haha, just found this, ACCORDING TO GROK:
“One of the most compelling reasons for the acquisition is X’s unparalleled wealth of real-time data. With over 600 million active users, X generates a constant stream of posts, interactions, and trends that reflect human thought, behavior, and current events.
For xAI, this data is a goldmine for training its AI models, particularly its chatbot Grok, which has already been integrated into the platform. Unlike competitors like OpenAI or Google, which must negotiate deals to access training data, xAI now has direct, exclusive access to X’s content.”
Maybe I’m a luddite but I’m not thrilled with AI in general.
Not sure the “benefits” vs the threat of increasing the surveillance state by a whole new factor.
Like drones on the battlefield, a game changer for the tyrants.