XAI, the company, was started up by Elon Musk in 2023 to manage both the development of artificial intelligence (including the chatbot Grok) and the social media platform X (former Twitter).
Now, that company has been acquired by another of Elon's companies, SpaceX.
He announced it on Monday of this week, saying that this move creates: "the most ambitious, vertically-integrated engine on (and off) earth, with AI, rockets, space-based internet, direct-to-mobile device communications and the world's foremost real-time information and free speech platform."
What is vertical integration? A business acquires other companies up and down its production process so that it is not entirely dependent on those other companies for the components or services it needs.
from SpaceX
(cont'd tomorrow)