💨 Abstract
Elon Musk's AI firm xAI has acquired Twitter, previously known as X, for $33 billion in an all-stock deal. The consolidation of two of Musk's companies, xAI and Twitter, is valued at $45 billion, including $12 billion in debt. The move is expected to aid Musk in training his AI model, Grok.
Courtesy: theprint.in
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