xAI Bought X

PLUS: OpenAI’s Profit Try, Europe Funds Innovation

March 31, 2025

Leader, welcome back. Today’s updates:

  • SEO that ranks, converts, and drives real revenue

  • xAI acquires X for $33B, including $12B in debt, aiming to merge AI with X’s 600M users

  • OpenAI faces a deadline to become for-profit by 2025 or risk losing half of SoftBank’s $40B funding

  • EU invests €1.3B in AI, cybersecurity, and digital skills through the Digital Europe program

  • Practical tools + must-read resources. Dive in ⬇️

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Productivity Tools

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Useful Resources

  • 3 Questions: Visualizing research in the age of AI (link)

  • Why scaling agentic AI is a marathon, not a sprint (link)

  • Vibe coding getting started: first steps guide 2025 (link)

  • How technology has transformed private espionage (link)

  • Buzz Solutions uses vision AI to supercharge the electric grid (link)

  • How to build an AI-powered product manager for feature requests (link)

  • How to use Claude to create a virtual assistant, in under 10 minutes (link)

  • Everyone’s talking about AI agents. Barely anyone knows what they are (link)

  • How to integrate AI agents into your business and accelerate speed to value (link)

  • Why model context protocol (MCP) is the future of AI integration you can’t ignore (link)

P.S. You can still get The Ultimate ChatGPT Toolkit (free for you)

NEWS UPDATES

xAI Bought X

Elon Musk's xAI has acquired the social media platform X valued at $33 billion. This includes $12 billion in debt that X had accumulated since Musk's $44 billion takeover in 2022.

Musk says the combination of xAI's advanced AI capabilities and expertise with X's massive user base of over 600 million active users will "unlock immense potential".

OpenAI’s Profit Try

OpenAI must complete its transition to a for-profit entity by the end of 2025 to secure the full $40 billion in funding that it is currently in the final stages of raising from SoftBank.

If OpenAI fails to restructure into a for-profit company by the year-end deadline, SoftBank can reduce the size of the funding round to just $20 billion.

Europe Funds Innovation

The European Commission is spending €1.3 billion ($1.4B) over the next few years to help improve technology across the European Union. This money will be used to develop AI, strengthen cybersecurity, and train people in digital skills.

The funding will be available through a program called Digital Europe, with the first round of applications opening in April 2025.

DAILY AI CHALLENGE

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MARKET

💰 Funding

💼 Job Board

  • AI Sales Specialist at Google (US)

  • ML Engineer at Reddit (Remote)

🐦 Billion Dollar Advice :

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PS. If you missed yesterday’s issue, you can find it here.

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