Sources: Elon Musk claimed his new startup xAI was worth $20B while he was trying to recruit top AI talent, including by offering equity in xAI
what could possibly go wrong? Hisan Kidwai / Android Headlines : Elon Musk launches new AI company xAI to understand the universe Bluesky: Emil Protalinski / @epro.social : who said you need crypto to create money out of thin air [embedded post] E.W. Niedermeyer / @niedermeyer.io : If xAI has a valuation that means it has projected cashflows, which in turn implies that there are specific ways of making money by “solving math,” “uncovering the true nature of the universe,” and “creating godlike superintelligences” in the company's plans. — So... probably merch, right? [embedded post] Romit Mehta / @romitmehta.com : It's a question of when, not if, he will lose his luster. After he has been exposed multiple times as the owner of Twitter (the technology and the business), I wonder who will continue imagining he is worth investing in. [embedded post] Twitter: Louise Matsakis / @lmatsakis : Two of Musk's new AI hires, Yuhuai Wu and Christian Szegedy, just confirmed my reporting with @ReedAlbergotti that xAI is working on a model that can do math https://www.semafor.com/... @mikeisaac : i guess to be fair he is not wrong in assuming there will be a legion of investors willing to pay insane premiums based on little more than the fact he's running it @mikeisaac : if all it takes to recruit people is making up imaginary numbers to tell people they could maybe be rich then i am on the wrong career path [image] @rmac18 : “claimed” + “if” + “came up with” https://www.semafor.com/... [image]