Despite higher sales, X posted a net loss of US$577.4 million in Q3, driven by restructuring costs.

The company is valued at over US$180 billion after a recent tender offer.

TIME Magazine has named the 'Architects of AI' its Person of the Year, who include Jensen Huang, Elon Musk, Sam Altman, Mark Zuckerberg, Lisa Su, Dario Amodei, Demis Hassabis, and Fei-Fei Li