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Technology@lemmy.worldEnglish • 17 days ago

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

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

@Redditsux@lemmy.world to

Technology@lemmy.worldEnglish • 17 days ago

cross-posted to:
world@lemmy.world

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday.

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@Steve@startrek.website
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29•17 days ago
Plus the $11B loss that he gets to deduct…
- @squishy@lemmy.zip
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  5•16 days ago
  It’s a private company, he can’t.

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