Re:xAI has acquired X, xAI now valued at $80B
by jprd on Friday March 28, 2025 @06:20PM
(#43510442)
Thank you, that's a very fair point, and I apologize for my *-centric" viewpoint and such a short quip. That is not what we're aiming for in conversation on this site.
I took a giant shortcut, without providing sources, that was meant to indicate that we are in a situation that closely resembles the "Gilded Age" or "Robber Baron" era in the United States.
I was intending to point towards the actions of individuals in the analogous position of those "Robber Barons", in particular here, Elon Musk.
This dude used the data from Twitter, fed it to xAI (xAI spent lots of CapEx from investment on GPUs). Mix mid-"AI" training on such a ridiculously valuable dataset for free == cool models. Cool models + data stream of Doomscrolling == Higher valuation.
This just seems like a "nepo-baby" hit it big on some meme coin and bailed out Daddy.
I took a giant shortcut, without providing sources, that was meant to indicate that we are in a situation that closely resembles the "Gilded Age" or "Robber Baron" era in the United States.
I was intending to point towards the actions of individuals in the analogous position of those "Robber Barons", in particular here, Elon Musk.
This dude used the data from Twitter, fed it to xAI (xAI spent lots of CapEx from investment on GPUs). Mix mid-"AI" training on such a ridiculously valuable dataset for free == cool models. Cool models + data stream of Doomscrolling == Higher valuation.
This just seems like a "nepo-baby" hit it big on some meme coin and bailed out Daddy.