Musk's social media firm X bought by his AI company, valued at $33 billion

Q: How long will it take to read this news story?

The story "Musk&#039;s social media firm X bought by his AI company, valued at $33 billion" has 766 words across 31 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Musk&#039;s social media firm X bought by his AI company, valued at $33 billion" was covered 5 days ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 54 news stories per day. It's most recent story was published 1 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27394953</li><li>URL: https://chronographically.beamstart.com/news/musks-social-media-firm-x-17432267426728</li></ul>

Channel News Asia Logo Channel News Asia 5d ago

Musk's social media firm X bought by his AI company, valued at $33 billion - Channel News Asia

Quick Summary:

Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion and allows the value of his artificial intelligence firm to be shared with his co-investors in the company formerly known as Twitter.

The deal could also help xAI's ability to train its chatbot known as Grok.

This was made possible after a surge in investor interest for exposure to AI companies along with X's improved operating performance over the previous two quarters, among other factors, according to two people familiar with the matter.