Breaking: Elon’s Xai Acquires X (formerly Twitter), Combined Value Of $80 Billion

Big news this greeting successful nan tech industry, pinch nan announcement that @xAI has acquired @X for $45B, nevertheless location is simply a $12B debt, making a nett equilibrium of $33 Billion.

Elon famously purchased Twitter (later renaming to X) for US$44 Billion, truthful contempt nan debt, it looks for illustration they’ve returned nan worth supra nan acquisition value successful 2023.

xAI’s astir celebrated merchandise is Grok and type 3 has surely done good successful comparisons against competitors. Perhaps nan astir awesome point xAI has accomplished is nan accelerated installation of hundreds of thousands of GPUs successful a training cluster, moreover praised by Nvidia’s CEO.

Colossus is simply a 200k GPUs cluster. The first 100k were installed an moving successful 122 days, past doubled successful 92 days.

In nan announcement, we study that xAI and X’s data, infrastructure and teams will beryllium combined.

This operation is expected to unlock nan imaginable of AI, pinch nan the monolithic scope of societal web X. The astir penetration into early merchandise changes lies successful nan pursuing statement.

We cognize nan X level has been focused connected rolling retired caller features to go ‘the everything app’ peculiarly leaning into X Payments that hasn’t yet launched.

This reference refers to different world platforms for illustration WeChat that allows users to acquisition items straight from nan platform, truthful expect an eCommerce play arsenic well.

There’s nary uncertainty there’s going to beryllium immoderate monolithic benefits of sharing resources, including attracting talent that could move betwixt some projects.

The announcement station besides confirms x has grown to a personification guidelines of 600 Million progressive users, up from an estimated 450M astir nan clip Twitter was acquired.

We cognize these users are active, but don’t cognize from this information really galore are monetizable (mDAUs). If we assumed each were, we’d disagreement nan full institution valuation by nan number of users. $45 Bil / 600M users intends nan value per personification is $75.

I americium a small amazed that X didn’t swallow xAI, alternatively nan other is true, this makes you wonderment if location are different acquisition targets successful mind.

Elon has confirmed that xAI’s Grok LLM will beryllium integrated into Tesla’s successful nan early arsenic nan sound assistant. xAI will besides participate nan gaming improvement industry, pinch 1 of nan astir evident platforms for distributions being Tesla vehicles, peculiarly erstwhile FSD unsupervised is successful place.

https://twitter.com/elonmusk/status/1905731750275510312