All of these supposed deals between these “ai” companies are theoretical handshake “deals” that they’re magically claiming as revenue when no actual money changes hands.
SpaceX would absolutely remain private if they had the option. Elon said a million times that he regrets taking Tesla public and intended to keep SpaceX private forever to avoid investor scrutiny and pesky government regulations.
The only reason they are going public is to pass on the debt to stupid investors, because they don’t have any more money after folding in two loser companies in a last-ditch effort to keep them afloat. Once public, it wouldn’t surprise me if Tesla and SpaceX magically announce a merger, given that only one of those companies makes money (for now).
My understanding is that Anthro is paying all this money to musk because they didn’t go crazy with speculative purchasing like openai did.
Anthro waited until they had users and subscriptions (and money) and now that they’ve got these and are trying to meet demand, xAI are one of the only games in town with lots of idle capacity (I guess due to the fact that grok is an unwanted step child lol).
Explains the subscription drive they’ve been putting on at Starlink. Multiple tiers, a price increase, and free hardware.
X and xAI should be considered gross violations of fiduciary responsibility.
Anthropoc committing $1.5 billion a month is neat. Do they even have that in revenue yet? Or is it another bullshit AI accounting trick.
In any case, SpaceX’s datacentre is a polluting nightmare. https://time.com/7308925/elon-musk-memphis-ai-data-center/
Musk has a horrible track record of accomplishment. He attracts moron boomer investors like flies to shit.
All of these supposed deals between these “ai” companies are theoretical handshake “deals” that they’re magically claiming as revenue when no actual money changes hands.
SpaceX would absolutely remain private if they had the option. Elon said a million times that he regrets taking Tesla public and intended to keep SpaceX private forever to avoid investor scrutiny and pesky government regulations.
The only reason they are going public is to pass on the debt to stupid investors, because they don’t have any more money after folding in two loser companies in a last-ditch effort to keep them afloat. Once public, it wouldn’t surprise me if Tesla and SpaceX magically announce a merger, given that only one of those companies makes money (for now).
Oh for sure. I hope Ed Zitron unpacks it. I don’t care enough to figure out the bullshit.
My understanding is that Anthro is paying all this money to musk because they didn’t go crazy with speculative purchasing like openai did.
Anthro waited until they had users and subscriptions (and money) and now that they’ve got these and are trying to meet demand, xAI are one of the only games in town with lots of idle capacity (I guess due to the fact that grok is an unwanted step child lol).
They are incinerating investor cash at a slightly less absurd rate than OpenAI, but make no mistake that they are the opposite of profitable.