Latest Technology News
xAI Acquires Twitter for $33 Billion; CoreWeave's Nasdaq Debut Values it at $23 Billion
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Key Takeaways
- xAI acquired X (Twitter) for $33B in stock, valuing xAI at $80B.
- CoreWeave, backed by Nvidia, valued at $23B in Nasdaq debut; Nvidia invests $250M.
- OpenAI must transition to for-profit by year-end to raise $40B.
- Amazon Photos added a shopping feature using image recognition for direct purchases.
- Google Photos gets dark mode on the web via Settings > Appearance.
X & AI Developments
xAI acquires X (Twitter) for $33 billion.
On March 28-29, 2025, Elon Musk's xAI acquired X (formerly Twitter) in an all-stock deal. The deal values the social media platform at $33 billion, with a total deal value of $45 billion including debt, valuing xAI at $80 billion. The acquisition aims to combine xAI's AI capabilities with X's user base.
White House involved in TikTok deal talks.
TikTok briefly went dark in the U.S. in January.
X fortunes improve after Trump re-election.
India criticizes X for calling compliance website censorship tool.
Saudi investor anticipates $4-5B X and xAI investment.
X's $45B price tag exceeds 2022 take-private transaction.
Brands return to X amid Musk's Trump administration influence.
Banks sell $13B X debt after two years.
Financial Tech Ticker
CoreWeave valued at $23 billion in Nasdaq debut.
OpenAI needs for-profit transition by year-end to raise $40B.
Scale AI seeks valuation up to $25 billion.
Blackstone considers stake in US TikTok spinoff.
Software Central
Amazon Photos adds shopping feature using image recognition.
Google Photos gets dark mode on the web.
Windows 11 closing loophole to skip Microsoft account.
AI Breakthroughs
Tech Horizons
'Tesla Takedown' movement plans global protests.
On March 29, 2025, the 'Tesla Takedown' movement is planning a global day of action with at least 213 protests worldwide, objecting to Elon Musk’s role in slashing government spending. President Donald Trump has labeled attacks on Tesla as “domestic terrorism,” and Attorney General Pam Bondi has pledged to prosecute those coordinating and funding these actions.
Gadget Mania
Ploopy upgrades open-source trackball with better scrolling.
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