3 ms·

Can someone explain what is driving the growth of xAI's valuation?

• nradov 2y ago
  A lot of these large AI investments at huge valuations are essentially just buying lottery tickets. There are very few other opportunities available to large investment funds targeting high risk and high returns. They have to put their money somewhere so where else can it go? This gives AI company management huge negotiating leverage in setting valuations for late stage funding rounds.
• margalabargala 2y ago
  Having an owner who also has control over procurement for the entire US Government is very, very valuable. The quality of the AI tech is irrelevant.
• laluser 2y ago
  It's integrated into X, but they are separate companies.
• deleted 2y ago
  [deleted]