{"id":918134,"date":"2025-03-31T08:26:52","date_gmt":"2025-03-31T02:56:52","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=918134"},"modified":"2025-03-31T08:42:43","modified_gmt":"2025-03-31T03:12:43","slug":"elon-musk-sells-x-social-media-platform-to-his-artificial-intelligence-startup-xai-for-33-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/03\/31\/elon-musk-sells-x-social-media-platform-to-his-artificial-intelligence-startup-xai-for-33-billion\/","title":{"rendered":"Elon Musk sells X social media platform to his artificial intelligence startup xAI for $33 billion"},"content":{"rendered":"<p>Elon Musk announced on Friday that his artificial intelligence startup, xAI, has merged with his social media platform, X, in an all-stock deal valuing xAI at $80 billion and X at $33 billion. <\/p>\n<p>\u201cxAI and X\u2019s futures are intertwined,\u201d Musk wrote in a post on X. \u201cToday, we officially take the step to combine data, models, compute, distribution, and talent.\u201d He added that the merger would \u201cunlock immense potential by blending xAI\u2019s advanced AI expertise with X\u2019s massive reach.\u201d The deal was valued at $45 billion, with $12 billion in debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk announced on Friday that his artificial intelligence startup, xAI, has merged with his social media platform, X, in an all-stock deal valuing xAI at $80 billion and X at $33 billion. \u201cxAI and X\u2019s futures are intertwined,\u201d Musk wrote in a post on X. \u201cToday, we officially take the step to combine data, models, compute, distribution, and talent.\u201d He added that the merger would \u201cunlock immense potential by blending xAI\u2019s advanced AI expertise with X\u2019s massive reach.\u201d The deal was valued at $45 billion, with $12 billion in debt.<\/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":[63,4,12],"tags":[],"class_list":["post-918134","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/918134","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=918134"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/918134\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=918134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=918134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=918134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}