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A comment on xAI has acquired X, xAI now valued at $80B. Parent comment

Re:xAI has acquired X, xAI now valued at $80B by WalterBright on Sunday March 30, 2025 @12:55AM (#43521457)
A far more likely cause would be the costs of doing business offshore are lower.
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Re:xAI has acquired X, xAI now valued at $80B by _DeadFred_ on Sunday March 30, 2025 @01:40PM (#43525968)
The discussion way back when they interviewed executives about LCD patents/research being sold of was that they were just too low of a profit margin to bother pursuing. I believe it was a 60 Minutes piece but it may have been a nightly news piece at the time.
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Re:xAI has acquired X, xAI now valued at $80B by WalterBright on Sunday March 30, 2025 @04:35PM (#43527393)
If business costs are lower offshore, that raises the profit margin for the busines to go there. It doesn't mean that offshore businesses accept lower margins.
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