Elon Musk first bought Twitter, then changed its name to X and now sold X. But the question is who is the new owner of X who gave billions of rupees to Elon Musk for this deal. Let us tell you the name of the new buyer and also tell you what the company that has bought X does?
Elon Musk surprises the world with his decisions, this is his old habit. This time also he has taken a decision which surprised everyone, in fact Elon Musk has recently sold the microblogging platform X to his own company XAI. This deal has been done for 33 billion dollars (about Rs 28,23,43,71,00,00), note that this is a stock deal.
What does Musk have to say on the deal?
Elon Musk recently shared a post on X in which he said that the future of X and XAI is interconnected. Today we are taking steps towards bringing together models, zeta, distribution, compute and talent. Regarding this deal, Elon Musk says that the vast reach of X and the advanced AI capabilities of xAI, together, will open the doors to immense possibilities.
Putting forth his point, Elon Musk said, our goal is to discover the truth and increase knowledge. Along with this, we will work to provide more useful and better experiences to billions of people.
What is XAI buying X?
XAI is a US-based American public benefit corporation that works in the field of artificial intelligence. This company was started by Elon Musk himself in 2023, the headquarters of this company is located in San Francisco, California.
How much did Elon Musk buy Twitter for?
Tesla and SpaceX CEO Elon Musk bought Twitter in 2022 for $44 billion. After buying Twitter, he made many major changes to the platform and one of these major changes was regarding the name. Twitter was renamed to X, not only the name changed but Musk changed the policy on hate speech and user verification and misinformation.