The X (once Twitter) network surprisingly got a new owner

Elon Musk announced last week the merger of XAI, specializing in artificial intelligence, with the X (formerly Twitter) platform, which is the latest step in the fast -growing consolidation of its business empire. The transaction is worth $ 33 billion, which further strengthens Musk’s dominance in many industries, including automotive production (Tesla), Space Research (Spacex) and now also in the world of artificial intelligence, Guardian reports.

Musk confirmed the matter on his Platform X, where he wrote: « Combining XAI to $ 80 billion and x to $ 33 billion ($ 45 billion minus $ 12 billion debt). Model grok in particular (integrated into network X)which is supposed to continue to develop with the help of huge amounts of data obtained from X.

The deal came as a surprise for many analysts who thought Musk would focus his businesses on more separate tasks. Paolo Pescatoreanalyst at PP Foresight, said this step is to conclude in the tumultuous story of Twitter, now X, and announces a fresh start in his business model. He added that the merger would affect further value growth and allow XAI to distribute AI technologies better.

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Nevertheless, there are many questions about future management of companies, the involvement of investors and the scheduled regulatory procedures. Although Musk did not require the special approval of the investors for the merger, he had already mentioned that companies will work closely in the spread of artistic intelligence.

Musk has long been present in the field of artificial intelligence, recently has been unsuccessful with an offer to pick up Openai. After this defeat, Musk founded XAI and set up capacity to train advanced AI models using the Colossus supercomputer.

Also read: Musk furious because Openai rejected the offer

In 2015, Elon Musk was the co -founder of Openai, who began as a non -profit project to develop artificial intelligence for the welfare of society. Openai initially advocated openness and transparency, promising to share his research with other scientists and companies. Soon, however, financial problems arose as research became too expensive. Musk tried to persuade the leaders to become a profit -oriented company and even offered his management, but he failed to do so, so he withdrew from the company.