Musk says his xAI startup bought X at $33 billion valuation

Quick Summary:

"This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach".

X, meanwhile, “has been transformed into one of the most efficient companies in the world, positioning it to deliver scalable future growth,” he said.

This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.

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Article Details

Author / Journalist: Nick Turner, Bloomberg

Category: EconomyBusiness

Markets: United States

Topics: Social Media A.I. Elon Musk

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 23:15:09 (3 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 114 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27391426

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 47 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #95

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