Los Angeles In a $33 billion all-stock transaction, Elon Musk sold his social networking platform X to his artificial intelligence startup xAI, furthering his efforts to incorporate generative AI into one of the most significant tech platforms globally.
The agreement, which was made public on Friday, unites two of Musk’s most well-known businesses under a single AI-driven vision. However, it also raises additional concerns about how X might develop going forward.
