World News@lemmy.worldEnglish · 3 months ago

Elon Musk sells X to his own xAI for $33 billion in all-stock deal

apnews.com

cross-posted to:
technology@lemmy.world

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Elon Musk sells X to his own xAI for $33 billion in all-stock deal

apnews.com

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World News@lemmy.worldEnglish · 3 months ago

cross-posted to:
technology@lemmy.world

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3 months ago
This might have the opposite effect he wants, xAI investors no longer have a clean AI investment and are now linked to a failing social media platform.

xAI is already losing bigtime vs other AI companies, this just makes it even less attractive.

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