The billionaire investor, Elon Musk, has sold his social media platform to start his operation of artificial intelligence, which sparked controversy because he coincides with an American judge who refuses to try to reject a lawsuit linked to the social media platform.
The transfer of X ownership to Xai on March 28 means that the collective lawsuit against Musk-accusing him of defrauding the former Twitter shareholders by delaying the disclosure of his initial investments on the social media platform-becoming “SAICER”, the partner of Cinneamhain Ventures Adam Cochran He said In the publication of March 28.
XAI acquisition may open for more “exposure”
On the same day this musk He said “Encoubled X X in ALL-Stock”, an American judge It is said Musk refused to reject the lawsuit. Kokran said it “opened his artificial intelligence entity for exposure here as well, which is a much larger pie.”
source: Groc
Musk said that the deal is estimated at Xai at 80 billion dollars and x at 33 billion dollars, as the number of debt was $ 12 billion in the evaluation of 45 billion dollars. It was originally bought x, Twitter, for about $ 44 billion in April 2022.
Musk said: “The future of Xai and X is overlapping. Today, we officially took the step to combine data, models, account, distribution and talent.”
source: Brian Rosenblatt
He said: “This mixture will open tremendous potential by mixing the advanced XAI advanced intelligence capacity with X -huge arrival.”
“This will allow us to build a platform that does not only reflect the world, but also speeds up the activity of human progress.”
However, Cochran claimed that “MUSK used Xai shares that were pumped to pay several times on the value of X, but still takes a loss of $ 11 billion on treatment.” He said Musk “flows on Xai investors and X investors” and was implemented to sell user data to Xai.
Related to: The “government competence” team turns Eileon Musk to its attention – a report
Xai is famous for Ai Chatbot “Grok” that was created on the X.
source: Raul Pal
Musk explained at the time that the motivation behind Grok is the creation of Amnesty International tools equipped to help humanity by enabling research and innovation.
While Cochran said that GROK worth $ 80 billion is “madly stupid assessment”, the Crypto “KEEF” developer is different. how He said“This is wronged everywhere, but looking today, Grok is likely to be the highest model for various tasks.”
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