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Elon Musk Merges X with xAI in $113 Billion Deal to Boost AI Development

The merger enables xAI to use X's vast user-generated content and infrastructure to enhance its AI system, Grok, intensifying competition with OpenAI.

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Elon Musk hat sich mit X sein eigenes Sprachrohr geschaffen
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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.