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X sold to Xai
The mogul said Friday that XAI had acquired the platform formerly known as Twitter in an all-stock transaction.
“This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach. 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. It is not immediately clear what the deal means for X’s consumer-facing product, or for staff there like X CEO Linda Yaccarino, who is a veteran of the TV business.
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