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…The financing is the crucial part — so some “institutional investor” is “essentially buying $50 million worth of stock at the old, defunct-sneaker-company price, and selling it at the new, AI…
…The financing is the crucial part — so some “institutional investor” is “essentially buying $50 million worth of stock at the old, defunct-sneaker-company price, and selling it at the new, AI…
…This is about a big issue, but the actual thing that’s being asked for here is very standard. Shareholders ask for this information all the time. At least on the law…
…Musk’s xAI is aimed at the same government contracts and consumer chatbot users as OpenAI. He also folded xAI into SpaceX, as he had planned to do with OpenAI and Tesla…
…It is significantly older than any of its AI competitors, save Microsoft, and it has decided its future involves an enormous compute deal with OpenAI, a company that does not make money…
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