Elon Musk's xAI has purchased X
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“This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,” writes Musk.
From The Verge
Big brands are allocating small amounts of their advertising budget to Elon Musk’s X, seeking to avoid being seen as boycotting the social media platform and triggering a public fallout with its billi...
From The Financial Times
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Livewire Markets on MSNHere's how Elon Musk's wildest predictions for Tesla, Optimus and robo-taxis stack upCan Optimus deliver US$10 trillion in revenue and will Tesla become bigger than the next five largest companies combined? Maybe, says Musk.
The taxi service will initially operate with Tesla employee drivers only, use current-model vehicles, and won’t allow for driverless rides.
Tesla was granted a permit to operate a taxi service in what is seen as a first step toward driverless taxis for the electric vehicle brand.
Taxi drivers around Germany are reporting growing resistance among customers to accept a trip in a Tesla, the electric car brand owned by Mr Musk. Meanwhile surveys indicate that Tesla sales and brand loyalty are in the toilet since Mr Musk endorsed Donald Trump and refused to deny giving a Nazi salute at a presidential inauguration event.
In most markets, Tesla sales have fallen dramatically, and the latest figures show that across Europe, sales of the Model Y SUV – not long ago the Continent’s bestselling car – have fallen by 53 per cent since the start of the year. Not only is that car no longer a top-seller, it’s not even in the top 30 any more.
Elon Musk’s artificial intelligence group xAI has purchased social media platform X for $45bn, as the billionaire entrepreneur brings together two of his flagship businesses. “xAI and X’s futures are intertwined,
Elon Musk says that his AI venture xAI has acquired his social media platform X, formerly known as Twitter. In an X post Friday, Musk said the all-stock transaction values xAI at $80 billion and X at $33 billion.