TL;DR: Elon Musk has sold his social media platform X (formerly Twitter) to his own AI company, xAI, for $33 billion (₹2.82 lakh crore). xAI, founded by Musk in 2023, aims to integrate AI technology with social media to enhance user interactions. The merger also aims to make X a more interactive, AI-driven platform competing with OpenAI's ChatGPT and Google’s Gemini.

🧐 What's Happening?
Musk has officially sold X to xAI, his own company, for a whopping $33 billion. 💸
xAI, launched in 2023, focuses on developing advanced AI models like Grok, a chatbot rivaling OpenAI’s ChatGPT and Google’s Gemini. 🤖
The merger aims at merging AI capabilities with social media, making X a smarter, AI-driven platform. 💡
🚀 Why This Matters?
AI-Powered Social Media: The integration of AI could revolutionize how we interact online, making things super personalized and smart! 🤯
Direct Competition: xAI’s Grok is set to challenge popular AI models like ChatGPT and Google’s Gemini. 📊
Super App Dream: Musk wants to make X an “everything app” with AI at its core. 📱
AI for All: This merger could mean AI-driven features for millions of users worldwide. 🌍
🔍 MediaFx Opinion
Musk’s move shows how big capitalists are monopolizing technology and media, trying to dominate even the flow of information. This combination of AI and social media raises concerns about privacy, data exploitation, and control over how we interact online. The working class needs open-source AI and platforms that prioritize people over profit.