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Don't underestimate the extent to which this is bothrsome to Elon. Elon went to great length to do a financially dubious deal in which investor-backed X.ai paid
by Zigurd 11mo ago
Don't underestimate the extent to which this is bothrsome to Elon. Elon went to great length to do a financially dubious deal in which investor-backed X.ai paid full price for Twitter. Rolling Twitter into an AI bubble valuation company saved Twitter investors from having to admit their investments were losing bets. You would think X.ai investors would be displeased. But everybody's looking real good on paper. Nobody wants to be reminded what a lousy deal the Twitter LBO was, especially when AI valuations look a bit vulnerable.
- ben_w 11mo agoMm. Given what the fine is for, violating transparency rules, I think that there has to be some pretty important skeletons in this particular closet for it to be a hill worth fighing over. Mixed metaphors aside, Musk doing this for a good reason of course assumes Musk understands X.com's skeletons better than he understands Diablo's gameplay.
- tim333 11mo agoX.ai is currently #2 on the LLM leaderboard. It's probably not so bad for the investors.