XAI seeks up to $200B valuation in next fundraising
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Re: XAI seeks up to $200B valuation in next fundraising
#2Re: XAI seeks up to $200B valuation in next fundraising
#3Thanks, but I prefer Kimi
Re: XAI seeks up to $200B valuation in next fundraising
#4I find it odd that investors are still so motivated to drop money into AI, specifically LLMs, not because I don't see value in the technology, I do, but because it feels to me like it only takes a few months (if that) for your company which might currently dominate with the leading product, to be left behind by someone else who just came out with a better, cheaper, and faster product.
I guess this is true for most tech, but with LLMs it seems to be at a pace that just doesn't feel worth it to invest knowing someone else will just leap over your investment soon, and that in a year or two, when you want some return (maybe longer), that your tech might have completely stagnated and completely left behind by everyone else's. I dunno, just a weird thought.
Re: XAI seeks up to $200B valuation in next fundraising
#5Musk denied it: https://x.com/elonmusk/status/1943795272515301624
> These rumors are false. xAI is not seeking funding right now. We have plenty of capital.
Re: XAI seeks up to $200B valuation in next fundraising
#6I find it odd that investors are still so motivated to drop money into AI, specifically LLMs, not because I don't see value in the technology, I do, but because it feels to me like it only takes a few months (if that) for your company which might currently dominate with the leading product, to be left behind by someone else who just came out with a better, cheaper, and faster product. I guess this is true for most te…
I would be surprised if these would be long term investments - I think most are going for a quick buck.
With Elon companies investors hope that the market will behave just as irrationally as with Tesla.
With other companies they hope that they will be bought up by bigtech.
Re: XAI seeks up to $200B valuation in next fundraising
#7I find it odd that investors are still so motivated to drop money into AI, specifically LLMs, not because I don't see value in the technology, I do, but because it feels to me like it only takes a few months (if that) for your company which might currently dominate with the leading product, to be left behind by someone else who just came out with a better, cheaper, and faster product. I guess this is true for most te…
Yea, I don’t think investors really internalize that LLM companies have effectively zero moat.
Customers can easily jump ship. Everyone is using effectively the same compute, nearly identical training data, very similar algorithms, etc. Worse past investments in a model become outdated quickly.
Re: XAI seeks up to $200B valuation in next fundraising
#8Musk denied it: https://x.com/elonmusk/status/1943795272515301624 > These rumors are false. xAI is not seeking funding right now. We have plenty of capital.
It's so hard to decide who to believe in this dispute. FT with multiple sources; or, a guy who's committed securities fraud in the past lying about this exact subject matter.
Re: XAI seeks up to $200B valuation in next fundraising
#9I find it odd that investors are still so motivated to drop money into AI, specifically LLMs, not because I don't see value in the technology, I do, but because it feels to me like it only takes a few months (if that) for your company which might currently dominate with the leading product, to be left behind by someone else who just came out with a better, cheaper, and faster product. I guess this is true for most te…
I would be surprised if these would be long term investments - I think most are going for a quick buck. With Elon companies investors hope that the market will behave just as irrationally as with Tesla. With other companies they hope that they will be bought up by bigtech.
These companies are burning cash. There’s no play but a long one.
Re: XAI seeks up to $200B valuation in next fundraising
#10I find it odd that investors are still so motivated to drop money into AI, specifically LLMs, not because I don't see value in the technology, I do, but because it feels to me like it only takes a few months (if that) for your company which might currently dominate with the leading product, to be left behind by someone else who just came out with a better, cheaper, and faster product. I guess this is true for most te…
My top suspicion is that xAI’s valuation is more about moving money around and less about belief in the actual underlying xAI projects.