171–180 of 285 posts
What is the bull case here? They close the gap to Anthropic and become a 4th place player?
The bull case is… they will have FSD by the end of the year… 2017…
What could have they possibly shown to the investors to get that kind of cash thrown at them? Asking for a friend... Did x.ai just become worth more than x.com? We must be nearing the bubble popping...
Their founder has a track record of making his investors a lot of money while solving really hard, important problems.
Current valuations:
- Tesla $570B
- SpaceX $180B
- Neuralink $5B
- Boring $5.6B
For all the criticism of Elon, he has been foundational in Paypal, Tesla and SpaceX and OpenAI. Even if you think Tesla is troubled/overvalued, he has built multiple enormous companies, and one of a handful of people to have built a company into a $1T valuation (however fleeting).
So yes, the arithmetic for VCs is very straightforward: for better or for worse, Elon Musk is able to execute in the only way that matters to investors.
> The company’s mission is to understand the true nature of the universe. I yawned so hard my jaw unlocked. Can't wait to see groundbreaking... checks notes ... "advancements in various applications, optimizations, and extensions of the model". Do these companies only hire yes men?
“The company’s mission is to understand the true nature of the universe” - There’s no way an LLM is going to get anywhere near understanding this. The true nature of the universe is unlikely to be captured in language.
I disagree. The day is coming when some *BIG* problem is solved by AI just because someone jokingly asks about it.
Are there any notable people associated with this other than Elon? I’m curious what they’re bringing to the table to be able to fetch that valuation.
There used to be a list of people on the about page but they changed it, apparently. Here's a snapshot that still shows it: https://web.archive.org/web/20240415120557/x.ai/about I don't know enough about the AI/ML scene to say if any of these are notable people.
The rest? Who knows.
Like how I have questioned so much ridiculous unjustified valuations in the AI space, with the likes of Perplexity, Stability, Inflection, etc which these AI labs are not making enough money to support themselves. How is xAI worth $24BN? I bet the reason is because Elon Musk. But until I see a significant jump in xAI making at least $100M+ a quarter, I don't think that is enough to justify that valuation to even be a…
Inflection basically collapsed: the founders and best of the technical team jumped ship to MS. They were massively overvalued and basically produced nothing.
Perplexity and Stability are running on pure social-media grift. Neither will be around long once their entire business model is eaten by the big players at economies of scale they will never manage.
Anthropic is a weird middle ground. They seem to be doing novel and impactful research as well as shipping big performant models. But its still unclear how they end up really making money and justifying their valuation.
> xAI will continue on this steep trajectory of progress over the coming months, with multiple exciting technology updates and products soon to be announced. There is a lot of potential for using AI in drug discovery and development, biotech more broadly and chemistry/material science. Pharma is investing heavily in this right now. If useful, the output here could potentially also support Neuralink and even SpaceX. C…
Of course they're not going to make any fundamental contributions to natural science or mathematics (or likely even LLM training/understanding).
Earlier quoted context omitted.
“The company’s mission is to understand the true nature of the universe” - There’s no way an LLM is going to get anywhere near understanding this. The true nature of the universe is unlikely to be captured in language.
Considering what’s at Tesla, I don’t think it makes sense to assume they’ll be constraining themselves to text/LLM. But on the philosophical side, if an understanding can’t be communicated, does it exist? We humans only have various movements and vibrations of flesh, sensing those, text, and images to communicate.
What could have they possibly shown to the investors to get that kind of cash thrown at them? Asking for a friend... Did x.ai just become worth more than x.com? We must be nearing the bubble popping...