Comment on xAI’s Grok suddenly can’t stop bringing up “white genocide” in South Africa
Wispy2891@lemmy.world 1 week ago
Can someone explain me how xai raised so many billions that they could have purchased xitter for an even more ridiculous amount of billions?
They are not a public company so there’s no stock manipulation
They are not selling API access to the public
They don’t have some sort of crypto coin scam that they could print when need some cash flow
Where those billions come from? It’s just melon charging ridiculous prices to his own companies? Like if Tesla needed some sort of ai api Key they’re going to pay xai 100000% over the market value? Isn’t that illegal, money laundering or something like that?
Didn’t the muskrat create xai after he purchased twatter?
Likely what happened, and this is massive guess work, he said to capital providers look what openAI did, let’s do the same thing with twitter data so the lawsuit chances are lower because we already own the data.
PhilipTheBucket@ponder.cat 1 week ago
I suspect that it is exactly that, yes. That and a bunch of investment money which they are planning on flushing down any toilet they can find.
I don’t really know but they certainly have no other revenue stream that I think is realistic.