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Title: Elon’s AI Empire Expands Under Fire: xAI Confronts EU Inquiry
The European Union has initiated a probe against xAI, Elon Musk’s artificial intelligence venture, following its massive acquisition of social media platform X. This $80 billion deal may have raised eyebrows at the regulatory level due to potential Digital Services Act (DSA) violations. The Commission seeks clarity on any structural changes made in the X corporate setup since being absorbed by xAI. According to insiders, the investigation focuses on whether such modifications could impact the scope of potential DSA fines.
xAI’s takeover of X has sparked concerns about the growing influence of Musk’s technology empire. Notably, this inquiry may establish a crucial precedent for AI companies and digital platforms. Regulatory bodies are now scrutinizing corporate mergers and their implications on accountability in an ever-changing online environment.
The xAI-X deal demonstrates how AI firms can merge with digital platforms to reshape the competitive landscape. Such transactions could redefine the boundaries of DSA enforcement, potentially creating a new regulatory paradigm.
Musk’s AI venture is being probed for potential violations under the Digital Services Act.
Source: coincentral.com
