Redditsux@lemmy.world to

Technology@lemmy.worldEnglish · 9 months ago

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

23

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

Redditsux@lemmy.world to

Technology@lemmy.worldEnglish · 9 months ago

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.

Chat

Steve@startrek.website
link
fedilink
English
arrow-up
4·
9 months ago
Plus the $11B loss that he gets to deduct…
- squishy@lemmy.zip
  link
  fedilink
  English
  arrow-up
  5
  arrow-down
  1·
  9 months ago
  It’s a private company, he can’t.

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

4.53K users / day
8.3K users / week
14.3K users / month
31.3K users / 6 months
1 local subscriber
77.7K subscribers
9.82K Posts
334K Comments
Modlog