Musk announced the sale of its social platform X to its own AI company xAI in an all-stock transaction, after the merger of the new company valuation of 113 billion U.S. dollars; the merger reflects Musk's "All in AI" strategy, X valuation of 33 billion U.S. dollars (45 billion minus 12 billion debt), xAI valuation of 80 billion U.S. dollars; the acquisition of the integration of the data, modeling and computational resources, X platform of user data will provide xAI with a rich training corpus, the new company valuation exceeded Musk's previous acquisition of OpenAI offer. User data will provide a rich training corpus for xAI, and the new company's valuation exceeds Musk's previous acquisition offer for OpenAI.
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