xAI

Musk’s xAI buys Musk’s X social media platform for $33 billion

Elon Musk's xAI artificial intelligence firm has acquired Musk's X, the social media outfit formerly known as Twitter for $33 billion, marking the latest twist in the billionaire's rapid consolidation of power. The all-stock deal announced on Friday combines two of Musk's multiple portfolio companies, which also include automaker Tesla and SpaceX, and potentially eases Musk's ability to train his AI model known as Grok. Musk announced the transaction in a post on X, saying: "The combination va...

February 28, 2025 10:05 AM

Canada watchdog probing X’s use of personal data in AI models’ training

Canada's privacy watchdog has opened an investigation into X, the social media platform owned by billionaire tech mogul Elon Musk, on whether its use of Canadians' personal data to train artificial intelligence (AI) models broke privacy rules. The Office of the Privacy Commissioner of Canada said in a statement on Thursday that it launched the probe after receiving a complaint. "The investigation will focus on the platform's compliance with federal privacy law with respect to its collection, u...