>It’s almost Q3 and xAI has seen one of the biggest wipeouts in trading history. It looks like it's down about 12% since IPO. That's not much of a wipeout. Di

>It’s almost Q3 and xAI has seen one of the biggest wipeouts in trading history. It looks like it's down about 12% since IPO. That's not much of a wipeout. Didn't Amazon crash by 90+% peak-to-trough during the dot-com bubble? >If anything people are increasingly trying to cut AI budgets and I wouldn’t know of anyone outside of OpenAI who has the audacity to run millions and millions worth of token compute for an eval run with no ROI (and probably no demand, because cheap/flash models). Are you claiming this eval cost millions of dollars to run? That seems quite doubtful.