Elon Musks xAI artificial intelligence firm has acquired Musks X – the social media platform formerly known as Twitter – for $33bn, marking the latest twist in the billionaires rapid consolidation of power. The all stock deal announced on Friday combines two of Musks multiple portfolio companies, which also include automaker Tesla and SpaceX, and potentially eases Musks ability to train his AI model known as Grok. Musk announced the transaction in a post on X, saying: “The combination values...
