Elon Musk announced Friday that his artificial intelligence startup, xAI, is acquiring the social media platform X in a deal valuing the company at $33 billion.
Musk, who owns both ventures, described the move as a strategic merger aimed at integrating xAI’s cutting-edge artificial intelligence with X’s extensive user base.
He shared the news in a post on X, emphasizing the transformative potential of the deal.
“This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,” Musk stated.
The acquisition underscores Musk’s growing ambitions in AI, as xAI continues to position itself as a competitor to industry leaders like OpenAI and Google DeepMind.
The deal also raises questions about how AI will shape the future of X, which Musk acquired in 2022 and has since rebranded from Twitter.
While details remain scarce, the move signals Musk’s vision of integrating AI-driven features into social networking, potentially reshaping the digital landscape.
