Musk sold X to his AI-Startapu

Ilon Musk said that he sold the X (formerly Twitter) social network to his startup XII in development in the field of artificial intelligence. During the negotiations, the cost of X was estimated at $ 33 billion excluding the debt (it amounts to $ 12 billion), and the XII of $ 80 billion.

The soda is aimed at creating a powerful AI emission under the control of the mask, notes The Wall Street Journal. For a long time, XII has been developing a GROK chat boot, which was integrated into the social network X, and now it must use its resources even more effectively. In addition, inside both companies are sure that the combined structure will simplify the attraction of investments.

According to sources, the merger was pondered for several months. The United Corporation is called Xai Holdings.