https://www.europesays.com/1971024/ Elon Musk-Sam Altman fight over OpenAI overhaul set for March trial #AI #California #ChatGPT #delaware #ElonMusk #FederalJudge #lawsuit #Musk #OpenAI #restructuring #SamAltman #SanFrancisco #SoftBankGroupCorp. #X #xAI #XAIHoldings
Why Elon Musk is merging his AI company xAI with his social media platform X
> With this move – which is, in fact, a sale of X to xAI – Musk is banking on the synergies between his AI technologies and his platform's reach. He is also giving X back value equal to the $44 billion he paid to buy it, in 2022. https://archive.ph/2025.03.31-074653/https://www.lemonde.fr/en/economy/article/2025/03/31/why-elon-musk-is-merging-his-artificial-intelligence-company-xai-with-his-social-media-network-x_6739679_19.html #ElonMusk #Twitter #X #Xai #stocks #AI #artificialintelligence #billionaires
Wer jetzt noch bei X bleibt, dem ist nicht mehr zu helfen!
Da #Musk die Lästerplattform #X nun an seine Tochterfirma #XAI per Aktiendeal verscherbelt hat, werden die Nutzerdaten nun komplett als Datenbasis seiner KI-Maschine genutzt.
Wie lange bleiben Politiker der #EU und aus #Deutschland, die sich oft so kritisch über die neue Regierung der #USA äußern, noch auf X?! Jetzt ist es wirklich fahrlässig, noch dort zu bleiben.
https://www.tagesschau.de/wirtschaft/unternehmen/musk-x-uebernahme-100.html
xAI has grown rapidly- the company was started in 2023, and raised $6 billion from investors in December, valuing xAI at $35-$40 billion
I reported in December that Saudi Prince Alwaleed’s Kingdom Holding had invested $800 million in Elon Musk’s xAI
#Musk #ElonMusk #XAI #xcom #PrinceAlwaleed #KingdomHolding
https://newstracs.com/saudi-prince-alwaleed-kingdom-holding-put-800-million-in-musks-xai/2024/12/28/
Elon Musk Says He Has Sold X to His AI Start-Up xAI
The transaction valued xAI at $80 billion and X at $33 billion - down from the $44 billion Musk paid for Twitter in 2022, but higher than the recent $12 billion valuation by X investor Fidelity
https://www.nytimes.com/2025/03/28/technology/musk-x-xai.html
Enron #Musk 's #xAI buys #Twitter from himself for far more than it is worth. https://www.bbc.co.uk/news/articles/ceqjq11202ro
Someone needs to audit the living hell out of this guy.
It is quite impressive how he managed to shed $11bn from the value of Twitter in only three years. Then again, he lost $800bn from Tesla in only three months.
Elon Musk’s #X has a new owner: Elon Musk’s #xAI. #IntoTheMuskiverse https://apple.news/AYS78lJSxR5GtGXOY85sF3w
Elon Musk’s #xAI firm buys social media platform X for $33bn - https://www.theguardian.com/technology/2025/mar/29/elon-musks-xai-firm-buys-social-media-platform-x-for-33bn "Specifics of deal remain unclear, including how X’s leaders will be integrated into new company" I predict all this will come to a sticky end one day #twitter
"X, the social platform formerly known as Twitter, has been sold. Elon Musk said Friday that xAI, his artificial intelligence company, had acquired X in an all-stock transaction that values xAI at $80 billion and X at $33 billion ($45 billion, his original take-private price, minus $12 billion in debt)."
https://www.hollywoodreporter.com/business/business-news/x-sold-elon-musk-ai-company-xai-1236175325/
#Tagesschau:
"
Künstliche Intelligenz
Musks KI-Firma xAI übernimmt seine Plattform X
Techmilliardär Musk schraubt an seiner Firmenstruktur: Die Social-Media-Plattform X wird in sein KI-Unternehmen xAI eingegliedert. Es geht ihm um Nutzerdaten - und wohl eine Botschaft an Investoren.
"
https://www.tagesschau.de/wirtschaft/unternehmen/musk-x-uebernahme-100.html
29.3.2025
#Musk 's #xAI buys Musk's #X social media platform for $33 billion
https://www.reuters.com/markets/deals/musks-xai-buys-social-media-platform-x-45-billion-2025-03-28/
Elon Musk's xAI artificial intelligence firm has acquired Musk's X, the social media outfit formerly known as Twitter for $33 billion, marking the latest twist in the billionaire's rapid consolidation of power.
On the #xAI purchase of #X (#Twitter)
Because both companies are privately held & controlled by #Musk, the transaction likely amounts to a #stock swap, with X investors getting paid out in xAI shares. The companies have a number of mutual investors, including venture firms #AndreessenHorowitz & #SequoiaCapital, as well as #Fidelity Management, #VyCapital & #SaudiArabia’s Kingdom Holding Co.
#law #securities #SEC
https://www.cnbc.com/2025/03/28/elon-musk-says-xai-has-acquired-x-in-deal-that-values-social-media-site-at-33-billion.html
Elon Musk's AI company is going to pay Elon Musk $33 milliard for Elon Musk's social media company.
Looks like we're in for another influx.
https://www.rte.ie/news/business/2025/0328/1504692-xai-buys-x/
Dans un tweet publié le 28 mars, #Musk annonce avoir pris la décision de vendre Twitter, qu’il a racheté en octobre 2022 pour 44 milliards de dollars. L’acquéreur est #xAI, l’entreprise qu’il a cofondée pour concurrencer OpenAI et lancer des intelligences artificielles.
Non, mais ce montage financier 
!!!
Il revend à sa propre boîte à son prix d'achat initial : pouf, même pas perdu de pognon perso malgré les pertes de Twitter suite au rachat...
#X #Twitter #xAI
Et en plus, il augmente (artificiellement puisqu'il est au commande) la valorisation boursière de xAI pour la positionner (artificiellement donc) devant les autres structures de l'IA.
Il joue juste à qui a la plus grosse.
Mais cela risque fortement d'accélérer le risque de bascule boursière et d'éclatement de la bulle de l'IA (qui sera une bénédiction mais qui va faire très très très mal...)
Elon Musk's AI startup, xAI, has acquired his social media platform, X. Musk said the deal was an all-stock transaction that valued X at $33 billion. "xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent," Musk wrote on — no prizes for guessing — X. Here's more from NBC News.
