Get the latest tech news

Musk's xAI buys his social media platform X

The move could be aimed at protecting investors, who helped him buy purchase X, from losing money.

"The combined company will deliver smarter, more meaningful experiences to billions of people while staying true to our core mission of seeking truth and advancing knowledge," Musk wrote. "The move appears sensible, considering the current trend of increased investments in AI, data centres, and computing," said analyst Paolo Pescatore, founder of PP Foresight. Last year, Mr Musk sued OpenAI and Mr. Altman for straying from the company's original mission and pushing to transition the startup to a for-profit model.

Get the Android app