By: Economic & Finance Report
Elon Musk’s startup xAI buys X (former Twitter) for $33 billion dollars. xAI is an incubator and lab that uses artificial intelligence for various features, especially for building models and data centers. Musk notes the purchase is strategic and relevant in nature; as it shapes the growth and scalability of artificial intelligence along with a broad community of over 600 million active X followers, in one forum collectively.
It will be interesting to see how both companies will be “intertwined” moving forward as Musk notes of the recent buyout. -SB
Image Source: TechGig
https://finance.yahoo.com/news/elon-musks-ai-company-buys-120040978.html?fr=sycsrp_catchall
Loe Shimmy Sold Out Show In NYC