In a move that underscores the deepening integration of artificial intelligence and social media, Elon Musk’s AI startup, xAI, has officially acquired the social media platform X in an all-stock transaction. The announcement, made on March 29 via a post on X, marks a significant shift in Musk’s broader vision of technology, data integration, and artificial intelligence development.

Elon Musk, known for his ambitious projects across multiple industries, has long emphasized the importance of AI in shaping the future. His AI startup, xAI, was founded in 2023 and has quickly emerged as a major competitor in the artificial intelligence space. Musk has repeatedly stated that AI development must be aligned with truth-seeking and transparency, values that he also associates with X, the platform formerly known as Twitter.

“@xAI has acquired @X in an all-stock transaction,” Musk wrote in his announcement. He described X as “the digital town square where more than 600M active users go to find the real-time source of ground truth.” This statement reinforces his belief that X’s role as an information hub can be greatly enhanced through AI-driven innovation.

Musk’s journey with X began in late 2022 when he acquired Twitter for $44 billion. The acquisition was followed by sweeping changes, including mass layoffs, cost-cutting measures, and a fundamental restructuring of the company’s policies. Musk removed many of the platform’s content moderation restrictions and reinstated previously banned accounts, positioning X as a champion of free speech.

These changes........

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