Elon Musk's xAI acquires X
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Overview
A year after Musk’s takeover, X suffered from an advertiser exodus and a massive reduction in value, with its valuation dropping to $16.9 billion.
From Forbes
Elon Musk’s xAI is facing a potential trademark dispute over the name of its chatbot, Grok.
From Wired
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It's unclear exactly how the breach occurred. This particular leak affects more than 200 million users. However, roughly 2.8 billion X accounts are reportedly affected, potentially making this one of the largest social media data leaks of all time.
Elon Musk's AI bot, Grok, has been manipulated by various users on X, formerly known as Twitter, to make racist posts.
What’s going on here? With the sale of X to xAI, Musk is exchanging the investor base of the social network with that of his AI company.
Elon Musk said he gave Ashley St. Clair $2.5 million, as well as continued annual payments of $500,000, after she accused him of reducing his child support payments for the baby she says he fathered.
Elon Musk's AI company xAI has acquired his social media company X. The Grok developer will now have direct access to data shared by 600 million active X users.
X’s daily web visits (calculated on a day-by-day basis) have fallen to 30.6 million since its Election Day peak of 46.5 million, according to Similarweb. Meanwhile, daily active iOS and Android users on X have slid 22.1% from Election Day to March 21, to 24.3 million, according to Similarweb.
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E! Online on MSNElon Musk Sells X, Formerly Twitter, for $33 Billion to His AI StartupElon Musk, who owns both X (formerly Twitter) and the artificial intelligence startup xAI, announced the social media platform has been acquired by his AI company in a deal worth $33 billion.
Musk's public tirade about Reddit also included private correspondence with Reddit to influence content decisions.