Tag: xAI
Musk’s xAI buys social media platform X for $33 billion
Elon Musk has announced that his AI venture, xAI, has acquired his social media platform X (formerly Twitter) in an all-stock transaction. The deal values xAI at $80 billion and X at $33 billion. Musk, who acquired X for $44 billion in 2022, stated the move aims to combine the data, models, compute, distribution, and…
Tech Digest daily roundup: Self-driving vehicles could plug gap in public transport network
Self-driving vehicles could be used to bridge the gaps in the UK's public transport network, according to the results of a new government-led study. The survey, the first of its kind in the country, found up to 72% of people believed the vehicles could be used to improve transport links - particularly in rural areas.…
