When Elon Musk announced that his AI startup, xAI, had acquired his social media company, X (formerly known as Twitter), in an all-stock deal, it raised some eyebrows. But in many ways, the deal made sense. xAI’s chatbot, Grok, was already deeply integrated with X, rel=”nofollow” href=”https://www.theverge.com/2025/1/24/24351317/elon-musk-x-twitter-bank-debt-stagnant-growth”>X was floundering financially, and Musk needed a way to make his $44 billion Twitter acquisition look less like an impulsive takeover and more like a strategic play for AGI dominance.
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