Politics
Elon Musk sells X for $33 billion to his own AI startup company xAI – National TenX News
Elon Musk announced Friday that he sold social media site X in a $33 billion all-stock deal to his own AI startup company, xAI
The tech billionaire shared the news in a statement posted on X, writing, “xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent.”
“This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach,” Musk, 53, wrote in his announcement.
“The combined company will deliver smarter, more meaningful experiences to billions of people while staying true to our core mission of seeking truth and advancing knowledge,” he added.
Musk said that the merger of X to xAI will “allow us to build a platform that doesn’t just reflect the world but actively accelerates human progress.”
Both X and xAI are privately held, which means they are not required to disclose their finances to the public.
The Tesla and SpaceX CEO said the deal values xAI at $80 billion and X at $33 billion.
It’s not clear if the sale will change anything for X users — xAI already uses data from X user posts to train its artificial intelligence models and paying X users have access to its AI chatbot, Grok.
Musk bought X, then called Twitter, for $44 billion in 2022, gutted its staff and changed its policies on hate speech, misinformation and user verification and renamed it X.
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“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a press release at the time.
A year later, Musk launched xAI, which he says “has rapidly become one of the leading AI labs in the world, building models and data centers at unprecedented speed and scale.”
In March 2023, Musk founded the artificial intelligence company, xAI, to compete with OpenAI, the maker of ChatGPT.
The startup centred in the San Francisco Bay Area hired a group of top AI researchers who formerly worked at OpenAI, Google, Microsoft and Tesla.
Musk was a co-founder and early funder of OpenAI who parted ways with the San Francisco-based research lab several years ago. He’s grown increasingly critical of OpenAI as it’s gained global prominence and commercial success with last year’s release of ChatGPT and solidified its financial ties to Microsoft.
In April 2023, Musk told Fox News host Tucker Carlson that OpenAI’s popular chatbot had a liberal bias and that he planned an alternative that would be a “maximum truth-seeking AI that tries to understand the nature of the universe.”
He said he planned to create an alternative to the popular AI chatbot ChatGPT that he called “TruthGPT.”
The idea, Musk said, is that an AI that wants to understand humanity is less likely to destroy it. He also said that he was worried that ChatGPT “is being trained to be politically correct.”
Musk also advocated for the regulation of artificial intelligence, saying he’s a “big fan.” He called AI “more dangerous” than cars or rockets and said it has the potential to destroy humanity.
More recently, Musk said he would abandon his $97.4-billion offer to buy the nonprofit behind OpenAI if the ChatGPT maker dropped its plan to convert into a for-profit company.
“If OpenAI, Inc.’s Board is prepared to preserve the charity’s mission and stipulate to take the ‘for sale’ sign off its assets by halting its conversion, Musk will withdraw the bid,” lawyers for the billionaire said in a filing to a California court on February 10.
“Otherwise, the charity must be compensated by what an arms-length buyer will pay for its assets.”
Musk and a group of investors made their offer earlier in February, in the latest twist to a dispute with the artificial intelligence company that he helped found a decade ago.
OpenAI is controlled by a nonprofit board bound to its original mission of safely building better-than-human AI for public benefit. Now a fast-growing business, it unveiled plans last year to formally change its corporate structure.
Musk and his own AI startup, xAI, and a consortium of investment firms want to acquire the nonprofit’s controlling stake in the for-profit OpenAI subsidiary.
OpenAI CEO Sam Altman quickly rejected the unsolicited bid in a post on social media, writing, “no thank you but we will buy twitter for $9.74 billion if you want.”
He also addressed the bid in February at the AI Action Summit in Paris, saying, “OpenAI is not for sale. The OpenAI mission is not for sale.”
“Elon tries all sorts of things for a long time. This is this week’s episode. I think he’s probably just trying to slow us down,” Altman said, referring to Musk.
“He obviously is a competitor. He’s working hard and he’s raised a lot of money for xAI and they’re trying to compete… I wish he would just compete by building a better product but I think there’s been a lot of tactics.”
—With files from The Associated Press
© 2025 Global News, a division of Corus Entertainment Inc.
Politics
UK refuses to invite Israeli government officials to London arms fair over the war in Gaza – National TenX News
The U.K. has barred Israeli government officials from attending the country’s biggest arms fair over growing concern about the humanitarian crisis in Gaza.
The decision does not cover representatives of Israeli defense contractors, who will be allowed to attend the DSEI UK exhibition, scheduled for Sept. 9-12 in London. The event was formerly known as Defense and Security Equipment International.
“The Israeli Government’s decision to further escalate its military operation in Gaza is wrong,” the British government said in a statement. “As a result, we can confirm that no Israeli government delegation will be invited to attend DSEI UK 2025.”
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The decision comes after Prime Minister Keir Starmer in July announced plans to recognize a Palestinian state unless Israel takes steps to end the crisis in Gaza, agrees to a ceasefire with Hamas and commits to a long-term peace agreement. Britain previously barred sales to Israel of any arms that could be used in the nearly 23-month war in Gaza.
Israel’s Defense Ministry said the decision was based on politics and “serves extremists.”
“These restrictions amount to a deliberate and regrettable act of discrimination against Israel’s representatives,” the ministry said.
The Israeli ministry said it would withdraw from the exhibition and will not establish a national pavilion.
Pro-Palestinian and anti-war groups have announced plans to for protests during DSEI, which will take place at the Excel center in east London.
© 2025 The Canadian Press
Politics
Israel soon will halt or slow aid to northern Gaza as military offensive grows – National TenX News
Israel will soon halt or slow humanitarian aid into parts of northern Gaza as it expands its military offensive against Hamas, an official said Saturday, a day after Gaza City was declared a combat zone.
The decision was likely to bring more condemnation of Israel’s government as frustration grows in the country and abroad over dire conditions for both Palestinians and remaining hostages in Gaza after nearly 23 months of war.
The official, who spoke on condition of anonymity because they were not authorized to speak to the media, told The Associated Press that Israel will stop airdrops over Gaza City in the coming days and reduce the number of aid trucks arriving in the north as it prepares to evacuate hundreds of thousands of people south.
Israel on Friday ended recently imposed daytime pauses in fighting to allow aid delivery, describing Gaza City as a Hamas stronghold and alleging that a tunnel network remains in use, despite previous large-scale raids. The United Nations and partners have said the pauses, airdrops and other measures fell far short of the 600 trucks of aid needed daily in Gaza.
A ‘massive population movement’ coming
AP video footage showed several large explosions across Gaza overnight. Israel’s military Saturday evening said it had struck a key Hamas member in the area of Gaza City, with no details.
In recent days, Israel’s military has increased strikes on the outskirts of Gaza City, where famine was recently documented and declared by global food security experts.
By Saturday there had been no airdrops for several days across Gaza, a break from almost daily ones. Israel’s army didn’t respond to a request for comment or say how it would provide aid to Palestinians during another major shift in Gaza’s population of over 2 million people.
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“Such an evacuation would trigger a massive population movement that no area in the Gaza Strip can absorb, given the widespread destruction of civilian infrastructure and the extreme shortages of food, water, shelter and medical care,” Mirjana Spoljaric, president of the International Committee of the Red Cross, said in a statement.
It’s impossible that a mass evacuation of Gaza City can be done in a safe and dignified way, she said.
Hundreds of residents have begun leaving Gaza City, piling their remaining possessions onto pickup trucks or donkey carts. Many have been forced to leave their homes more than once.
Killed while seeking food
Israeli gunfire killed four people trying to get aid in central Gaza, according to health officials at Al-Awda Hospital, were the bodies were taken.
An Israeli strike on a bakery in Gaza City’s Nasr neighborhood killed 12 people including six women and three children, the Shifa Hospital director told the AP, and a strike on the Rimal neighborhood killed seven.
Gaza’s Health Ministry said another 10 people died as a result of starvation and malnutrition over the past 24 hours, including three children. It said at least 332 Palestinians have died from malnutrition-related causes during the war, including 124 children.
At least 63,371 Palestinians have died in Gaza during the war, said the ministry, which does not say how many are fighters or civilians but says around half have been women and children. The ministry is part of the Hamas-run government and staffed by medical professionals. The U.N. and independent experts consider it the most reliable source on war casualties. Israel disputes its figures but has not provided its own.
“There is no food and even water is not available. When it is available, it is not safe to drink,” said Amer Zayed, as he waited for food from a charity kitchen in Deir al-Balah on Friday.
“The suffering gets worse when there are more displaced people,” he added.
Israelis rally again to demand a ceasefire deal
Israelis waited to hear the identity of the remains of a hostage that Israel on Friday said had been recovered in Gaza. It also said it recovered the remains of hostage Ilan Weiss.
Forty-eight hostages now remain in Gaza of the over 250 seized in the Hamas-led attack on Oct. 7, 2023, that sparked the war. Israel had believed 20 are still alive.
Their loved ones fear the expanding military offensive will put them in even more danger, and they were rallying again Saturday to demand a ceasefire deal to bring everyone home.
“Netanyahu, if another living hostage comes back in a bag, it will not only be the hostages and their families who pay the price. You will bear responsibility for premeditated murder,” Zahiro Shahar Mor, nephew of hostage Avraham Munder, said in Tel Aviv.
© 2025 The Canadian Press
The Trump administration said Friday it was denying and revoking U.S. visas from members of the Palestinian Authority and the Palestine Liberation Organization.
That comes ahead of next month’s United Nations General Assembly, where Canada and several other countries have said they intend to officially recognize a Palestinian state.
The U.S. State Department cited the groups’ efforts to secure statehood recognition at the UN, along with their appeals to the International Criminal Court and International Court of Justice to investigate alleged Israeli crimes in Gaza, as reasons for the decision by U.S. Secretary of State Marco Rubio.
“Both steps materially contributed to Hamas’s refusal to release its hostages, and to the breakdown of the Gaza ceasefire talks,” the department said in a statement.
“The Trump Administration has been clear: it is in our national security interests to hold the PLO and PA accountable for not complying with their commitments, and for undermining the prospects for peace.”
The statement did not name the officials being denied entry. It was not immediately clear if the list included Palestinian Authority President Mahmoud Abbas, who was expected to travel to New York for the UN gathering.
The Palestinians’ ambassador to the UN, Riyad Mansour, told reporters at the UN headquarters that they were checking exactly what the U.S. move means “and how it applies to any of our delegation, and we will respond accordingly.”
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Representatives assigned to the Palestinian Authority mission at the UN, led by Mansour, will be granted waivers so they can continue their New York-based operations, the U.S. statement said.
Mansour said Abbas still intends to lead the delegation to the high-level meetings and is expected to address the General Assembly — as he has done for many years — and to attend a meeting on the afternoon of Sept. 22 on a two-state solution co-chaired by France and Saudi Arabia.
U.S. President Donald Trump will travel to New York and address the general assembly on Sept. 23, the White House said on Thursday.
Canada, Britain, Australia and France in recent weeks have announced or signalled their intention to recognize a Palestinian state during the meeting.
The countries have said their recognition is conditional on the Palestinian Authority — which has limited self-rule over parts of the occupied West Bank and has for years been positioning itself as a legitimate government alternative to Hamas in Gaza — undergoing reforms and new elections.
Abbas has signalled he will co-operate with the Western nations’ demands.
The Palestinian Liberation Organization is an internationally recognized coalition that represents Palestinian people in its occupied territories and abroad.
The Trump administration has staunchly backed Israel’s military offensive in Gaza. The U.S. has also refused to condemn expanded Israeli settlements in the West Bank, which Canada and other allies have said undermine two-state solution efforts.
Rubio hosted Israeli Foreign Minister Gideon Saar in Washington on Wednesday “to reaffirm our two nations’ close cooperation,” the U.S. secretary said in a post on X.
Saar, asked after the meeting what the plan was for a Palestinian state, said there would not be any.
The Israeli minister on Friday thanked Rubio for holding the PA and PLO “accountable for rewarding terrorism, incitement and efforts to use legal warfare against Israel” in a social media statement.
Officials with the Palestinian Authority reject that they’ve undermined peace prospects.
Under the 1947 UN “headquarters agreement,” the U.S. is generally required to allow access for foreign diplomats to the UN in New York. But Washington has said it can deny visas for security, terrorism and foreign policy reasons.
Hamas earlier this month said it had accepted a U.S.-backed proposal on a ceasefire in Gaza that would see the release of some hostages in exchange for talks with Israel that would end the conflict and see the return of all remaining hostages.
But Israel has said it will only accept the full return of all the hostages and has pressed ahead with a plan to occupy Gaza City, which international monitors like the UN have warned could worsen a famine already afflicting the Palestinian territory.
Rubio last week announced sanctions against multiple International Criminal Court judges and prosecutors involved in the court’s investigation into Israel’s actions in Gaza and the issuing of arrest warrants against Israeli Prime Minister Benjamin Netanyahu and former defence minister Yoav Gallant.
—With files from Reuters
© 2025 Global News, a division of Corus Entertainment Inc.
UK refuses to invite Israeli government officials to London arms fair over the war in Gaza – National TenX News
Israel soon will halt or slow aid to northern Gaza as military offensive grows – National TenX News
U.S. scraps Palestinian officials’ visas ahead of UN General Assembly – National TenX News
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