Musk reported that XAI had purchased X in a shares based on the share. Musk, with this transaction, the value of XAI 80 billion dollars, X’s value is 33 billion dollars, he said. Elon Musk said that X has a debt of $ 12 billion.
“XAI has become one of the world’s leading artificial intelligence laboratories by building unprecedented speed and scale models and data centers since its establishment 2 years ago.” evaluated.
Pointing out that X is a source of more than 600 million active users, Musk said that the social media platform has been positioned to provide scalable growth in the last 2 years.
Musk stated that the future of XaI and X is intertwined and said:
“Today, we are officially taking steps to combine data, models, information processing, distribution and abilities. This merger will open the lock of a great potential by blending XAI’s advanced artificial intelligence capability and expertise with the tremendous access of X. At the same time, we will be able to create a platform that actively actively accelerates the progress of humanity. “
Musk, who appreciated the great devotion of everyone in XAI and X, who brought themselves to this point, pointed out that this was just a beginning.
