Does anyone know who xAI's board of directors is now? I can't find reliable information online but it appears to be very small, maybe just two people (one of whom is Musk.)
xAI has acquired X, xAI now valued at $80B
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Re: xAI has acquired X, xAI now valued at $80B
#292Re: xAI has acquired X, xAI now valued at $80B
#293And people said Twitter was a bad investment
Re: xAI has acquired X, xAI now valued at $80B
#294I'm curious to know if people on HN still think twitter is doing better than ever
Re: xAI has acquired X, xAI now valued at $80B
#295Re: xAI has acquired X, xAI now valued at $80B
#296So he just sold himself a company he already owns for a valuation that he himself assigned to that company but that was less than what he paid for it, and he paid entirely using “money” that has a made up value and which he issues himself? Wild.
go go gadget FIAT dollars
Re: xAI has acquired X, xAI now valued at $80B
#297So he just sold himself a company he already owns for a valuation that he himself assigned to that company but that was less than what he paid for it, and he paid entirely using “money” that has a made up value and which he issues himself? Wild.
Its almost like modern life is riddled with lies, liars, and their collective bullshit. I don’t think this is a change in the human condition; we’re extremely greedy hairless apes. But guys like Elon really show how low we can go.
speak for yourself. I have plenty of hair!
but what I really wanted to say (because I'm a special interests person)
is that hair is a mammal trait. all mammals have hair!!! how cool is that?
Re: xAI has acquired X, xAI now valued at $80B
#298This is Solar City all over again, but at least this time it's not with public investors money. He can now use the money raised by xAI, to pay off the debt of X, which was bleeding money. So today in corporate America we have: - Trump pardoning one of the most obvious scammer of the past 10 years - Trevor Milton - Trump pardoning some obvious crypto scammers - Musk using investors money from one of his companies, to…
>Trump pardoning some obvious crypto scammers who?
Re: xAI has acquired X, xAI now valued at $80B
#299Earlier quoted context omitted.
And then will leverage against that valuation for loans, acquisitions, etc. Self dealing. Nobody cares anymore.
Good luck trying to get a bank to underwrite that loan, smells a bit risky.
Then he buys the bank. DOGE is in the SEC now. Elon Musk is the regulator. If he decides that a bank is doing “fraud” and wants to shut it down, is there anyone to stop him? Serious question.
Re: xAI has acquired X, xAI now valued at $80B
#300X users are now officially just training data for Grok.
With that logic Github, StackOverflow, rest of internet is also "only" training data.
X just produces extra valuable training data as a byproduct. Like power plants create certain byproducts that can be sold etc. Good to see it going to Grok primarily, as other LLM's are far from being truth seeking with their built-in, documented, extreme bias.