[ad_1] Until recently, CNN reports, for example (and many others, by the way), can barely hide their satisfaction with the idea that X was rising towards failure in the era of Elon Musk. Just a few weeks ago, everyone seemed to be estimated from the Fidelity Investment Company. Musk is dramatically driven, everyone sang in harmony. This may happen, but not any time soon - like Bloomberg stated that Musk's X is currently holding money collecting with a value of $ 44 billion. Again, $ 44 billion is exactly what Musk paid a few years ago to get Twitter. The broader business empire was prosperous. Tesla shares have increased more than 40 % since Donald Trump was elected, and SpaceX's evaluation increased to $ 350 billion. At the same time, Musk's Ai Venture, Xai, seeks to obtain a new financing with a possible assessment of $ 75 billion, as X has a $ 6 billion share in the company. Just hours ago, Elon Musk launched Xai Grok-3, the latest chatbot. It aims to compete with Deepseek, Openai and Google. The offer comes amid an escalating AI race, with Grok-3 now available for PREMIM+ subscribers on X and through the new Supergrok category for application users and website users. Musk claims Grok-3 exceeds its predecessor. Xai expands its ability to the data center, where the "Colossus" supercar based on Memphis is described as the largest in the world. Meanwhile, the MUSK offered 97.4 billion dollars to obtain non -profit Openai assets recently, adding another layer to the competition.
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X isn’t failing – it’s thriving and raising funds at a $44 billion valuation
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Genre | News & Magazines |
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Update | February 19, 2025 |
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