Elon Musk has transferred ownership of X (formerly Twitter) to his AI venture, xAI, in a $33 billion stock deal. He believes merging X’s broad audience with xAI’s cutting-edge technology will create groundbreaking opportunities. Established in 2023, xAI focuses on solving complex challenges. This strategic shift strengthens Musk’s AI ambitions, valuing xAI at $80 billion.
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