XAI deal a surprise and a significant move
Edited By WION Video Desk
Published: Apr 01, 2025, 08:15 IST | Updated: Apr 01, 2025, 08:15 IST
Elon Musk made his second acquisition of the social media platform X, formerly known as Twitter. In an all-stock purchase that valued X at 33 billion dollars, excluding debt, Musk used his artificial intelligence business, xAI, to acquire his social networking platform on March 28. The real question is why did Musk do this deal?
trending videos
)
FIFA World Cup: Award Winning Referee Dropped from Officiating World Cup
)
Kawata Defies Traditional Norms: Becomes First Japanese Mayor To Avail Maternity Leave
)
New UNESCO wonders worldwide, Mayan legends & a bike chef in Denmark
)
Greece's Ancient Sites Under Climate Strain; 19 Sites at Urgent Climate Risk
)
Banks Bet Big on AI, Workers Pay the Price
)
Art meets nature in Australia
)
Mumbai Water Crisis: Private Water Tanker Operators Go On Strike In Mumbai
)
India Politics: DMK Walks Out of I.N.D.I.A Bloc, AAP Distances Itself
)
Russia-Ukraine War: Russian Drone Attack Injures 23 in Zaporizhzhia
)
Japan's Bear Trouble Rises, Leads To Mass School Closure Near Tokyo
)
India-China-Russia Ties | China: Ready to Advance Cooperation with India & Russia
)
European-Led NATO in Planning if Trump Pulls Out
)
Will ECB Tighten Into a European Recession? |
)
Central Bank Policy Will Depend on Oil Price
)
China's Nuclear Build-Up Accelerates, Could Match US, Russia by 2030
)
Budget Crisis Puts Nuclear Jets At Risk: Britain Faces New Defence Questions
)
US Heatwave: Heat and Drought Grip the United States Amid Extreme Weather Crisis
)
Visakhapatnam Steel Plant Fire: 10 Workers Die After Molten Steel Spilled at Plant
)
India Weather Alert: Monsoon Advances, Heatwave Persists In India Amid Extreme Weather Swing
)
Can AI Create Deadly Viruses? Google, Meta, Anthropic Warn AI Could Supercharge Bioweapon
)
VIDEO: Indian Coast Guard and Oman officials rescue 24 Indian seafarers from burning tanker after missile attack
)
From AI Boom To Bioweapons Battle: CEOs Demand New Safeguards
)
Pakistan Heatwave: Extreme Heatwave Grips Karachi, Temperatures Soar Towards 47 Degrees
)
Netanyahu Says He Told Trump Israel Has Right to Self-Defence
)
Hungary PM-Elect Vows State Media Overhaul
)
Beijing Closes The Nuclear 'Attack' Gap: Global Nuclear Balance Starts To Shift
)
Israel intercepts Gaza Sumud Flotilla vessels: What we know so far
)
Chabahar Port: Why Chabahar Port Is Crucial For India’s Afghanistan Trade Route
)
Albania Protest: Crowds Brandish Flamingo Symbols, Wave Albanian Flags
)
Global Finance Leaders to Meet Amid War Shock
)
Loneliness Becomes A Trend On TikTok
)
India: Rameshbabu Vaishali Secures 2026 Women’s Candidates Victory
)
El Niño Looms as Oceans Warm Up
)
Tibet Quartz Discovery Boosts China's Self-Sufficiency Push For High-Tech Materials
)
Hormuz Crisis: Cargo Vessel with Indian Crew Hit Near Hormuz, Sends SOS Call
)
Aloka The 'Peace' Dog Capture Hearts: Walks Across Nepal, India
)
Sudan Civil War: UN Warns of Regional Spillover, 700 Killed in Drone Strikes
)
Philippines Earthquake: Buildings in General Santos City Turned to Rubble by Earthquake
)
Australia's Far-Right Party, One Nation Emerges As Major Political Player
)
Australia Refinery Fire: Refinery Pumps Out About 10% of Australia's Fuel