Overview
- Elon Musk has officially merged his social media platform X with his AI company xAI through a stock deal, consolidating data, infrastructure, and employees.
- The combined entity, valued at $113 billion, positions xAI to leverage X's 600 million active users as a resource for training its AI system, Grok.
- The merger reflects Musk's strategy to create a vertically integrated AI ecosystem and challenge competitors like OpenAI.
- Concerns about data privacy and compliance with stringent global regulations, particularly in the EU and UK, have been raised following the merger.
- Neither X nor xAI are publicly traded, meaning no official filings about the merger are required.