{"id":917607,"date":"2025-03-29T06:54:41","date_gmt":"2025-03-29T01:24:41","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=917607"},"modified":"2025-03-29T07:03:15","modified_gmt":"2025-03-29T01:33:15","slug":"elon-musk-sells-x-to-his-ai-firm-xai-for-33-billion-in-all-stock-deal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/03\/29\/elon-musk-sells-x-to-his-ai-firm-xai-for-33-billion-in-all-stock-deal\/","title":{"rendered":"Elon Musk sells X to his AI firm xAI for $33 billion in all-stock deal"},"content":{"rendered":"<p>Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday. <\/p>\n<p>Both companies are privately held, which means they are not required to disclose their finances to the public. <\/p>\n<p>Musk said in a post on X that the move will unlock immense potential by blending xAI&#8217;s advanced AI capability and expertise with X&#8217;s massive reach. He said the deal values xAI at $80 billion and X at $33 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held, which means they are not required to disclose their finances to the public. Musk said in a post on X that the move will unlock immense potential by blending xAI&#8217;s advanced AI capability and expertise with X&#8217;s massive reach. He said the deal values xAI at $80 billion and X at $33 billion.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-917607","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/917607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=917607"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/917607\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=917607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=917607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=917607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}