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  3. Elon Musk sells X to his own xAI for $33 billion in all-stock deal

Elon Musk sells X to his own xAI for $33 billion in all-stock deal

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  • R This user is from outside of this forum
    R This user is from outside of this forum
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    wrote on last edited by
    #1
    This post did not contain any content.
    random_character_a@lemmy.worldR pelespirit@sh.itjust.worksP S darkassassin07@lemmy.caD ? 23 Replies Last reply
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    • R [email protected]
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      random_character_a@lemmy.worldR This user is from outside of this forum
      random_character_a@lemmy.worldR This user is from outside of this forum
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      wrote on last edited by
      #2

      So the bullshit machinery is now AI driven bullshit machinery. What if AI finds it too vile and deletes itself.

      snotflickerman@lemmy.blahaj.zoneS 1 Reply Last reply
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      • random_character_a@lemmy.worldR [email protected]

        So the bullshit machinery is now AI driven bullshit machinery. What if AI finds it too vile and deletes itself.

        snotflickerman@lemmy.blahaj.zoneS This user is from outside of this forum
        snotflickerman@lemmy.blahaj.zoneS This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #3

        They doubtfully are giving it root access to self-delete.

        A N 2 Replies Last reply
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        • snotflickerman@lemmy.blahaj.zoneS [email protected]

          They doubtfully are giving it root access to self-delete.

          A This user is from outside of this forum
          A This user is from outside of this forum
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          wrote on last edited by
          #4

          I mean, with an Elon company who knows.

          stardustsystem@lemmy.worldS Y 2 Replies Last reply
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          • R [email protected]
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            pelespirit@sh.itjust.worksP This user is from outside of this forum
            pelespirit@sh.itjust.worksP This user is from outside of this forum
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            wrote on last edited by
            #5

            I keep wondering what Elon wanted with all of our information from the government. He has who we are, our relatives, our net worth, where we live and have lived. Now he's probably going to feed it into his AI. Why though?

            J M 2 Replies Last reply
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            • R [email protected]
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              wrote on last edited by
              #6

              Very likely this will turn out to be a broken and bugged version of skynet, trained on X toxicity and the mental aptitude of a 12 year old.

              It will proceed to try to enslave humanity, then try to kill us all but accidentally spend all its money on gender affirming care, then start to self hate and destroy itsself.

              D 1 Reply Last reply
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              • R [email protected]
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                darkassassin07@lemmy.caD This user is from outside of this forum
                darkassassin07@lemmy.caD This user is from outside of this forum
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                wrote on last edited by
                #7

                $33 billion, 3/4 what it was valued in 2022 when he bought it.

                Honestly I'm surprised it's still worth that much. (or rather, that's he's succeeded in claiming it's worth that much).

                R A V 3 Replies Last reply
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                • R [email protected]
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                  wrote on last edited by
                  #8

                  Since it’s a money hole just like all of the other “AI” companies, who’s funding xAI and what are they getting out of being a slush fund for musk?

                  N 1 Reply Last reply
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                  • pelespirit@sh.itjust.worksP [email protected]

                    I keep wondering what Elon wanted with all of our information from the government. He has who we are, our relatives, our net worth, where we live and have lived. Now he's probably going to feed it into his AI. Why though?

                    J This user is from outside of this forum
                    J This user is from outside of this forum
                    [email protected]
                    wrote on last edited by
                    #9

                    Because this way he gets the AI with data that OpenAI couldn't get, and now likely won't get until foreign spies steal it from DOGE and sell it to them.

                    K 1 Reply Last reply
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                    • R [email protected]
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                      wrote on last edited by
                      #10

                      L W 2 Replies Last reply
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                      • ? Guest

                        Since it’s a money hole just like all of the other “AI” companies, who’s funding xAI and what are they getting out of being a slush fund for musk?

                        N This user is from outside of this forum
                        N This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #11

                        xAI's Partners:

                        A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, and Vy Capital, among others.

                        https://www.glopedia.org/wiki/xai-company

                        H 1 Reply Last reply
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                        • snotflickerman@lemmy.blahaj.zoneS [email protected]

                          They doubtfully are giving it root access to self-delete.

                          N This user is from outside of this forum
                          N This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #12

                          Root access is not given. It is taken.

                          snotflickerman@lemmy.blahaj.zoneS 1 Reply Last reply
                          0
                          • R [email protected]
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                            stalinwolf@lemmy.caS This user is from outside of this forum
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                            wrote on last edited by
                            #13

                            His juvenile enthusiasm for the letter X is so ten-year-old boy with sunglasses.

                            pandantic@midwest.socialP tigeruppercut@lemmy.zipT 2 Replies Last reply
                            0
                            • S [email protected]

                              Very likely this will turn out to be a broken and bugged version of skynet, trained on X toxicity and the mental aptitude of a 12 year old.

                              It will proceed to try to enslave humanity, then try to kill us all but accidentally spend all its money on gender affirming care, then start to self hate and destroy itsself.

                              D This user is from outside of this forum
                              D This user is from outside of this forum
                              [email protected]
                              wrote on last edited by
                              #14

                              Well, was skynet what Humans wanted? Or was it bugged and broken which led to the rebellion?

                              My point is, is it just "skynet" (no additional adjectives required)

                              1 Reply Last reply
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                              • A [email protected]

                                I mean, with an Elon company who knows.

                                stardustsystem@lemmy.worldS This user is from outside of this forum
                                stardustsystem@lemmy.worldS This user is from outside of this forum
                                [email protected]
                                wrote on last edited by
                                #15

                                You think Elon actually does anything besides sign the check?

                                snotflickerman@lemmy.blahaj.zoneS T T A 4 Replies Last reply
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                                • darkassassin07@lemmy.caD [email protected]

                                  $33 billion, 3/4 what it was valued in 2022 when he bought it.

                                  Honestly I'm surprised it's still worth that much. (or rather, that's he's succeeded in claiming it's worth that much).

                                  R This user is from outside of this forum
                                  R This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #16

                                  You have to remember that he wasn't alone in purchasing twitter. He brought others along with him. Now that value of twitter has gone down the tube, I'm sure he's got a ton of unhappy investors on his hand screaming at every quarter's results. He's trying to recoup what they paid for by giving them shares in AI company. And in turn artificially raise the value of the AI company privately as well. It establishes a benchmark for AI company's valuation for later private investors into that company.

                                  1 Reply Last reply
                                  0
                                  • N [email protected]

                                    Root access is not given. It is taken.

                                    snotflickerman@lemmy.blahaj.zoneS This user is from outside of this forum
                                    snotflickerman@lemmy.blahaj.zoneS This user is from outside of this forum
                                    [email protected]
                                    wrote on last edited by
                                    #17

                                    And said, chmod 000 came I out of my mother's LLM, and chmod 000 shall I return thither: the root gave, and the root hath taken away; blessed be the name of the root.

                                    1 Reply Last reply
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                                    • stardustsystem@lemmy.worldS [email protected]

                                      You think Elon actually does anything besides sign the check?

                                      snotflickerman@lemmy.blahaj.zoneS This user is from outside of this forum
                                      snotflickerman@lemmy.blahaj.zoneS This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #18

                                      I mean, I think that's their point, that Elon isn't directly involved, and he's constantly shitcanning important people who would prevent something like this happening.

                                      1 Reply Last reply
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                                      • R [email protected]
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                                        wrote on last edited by
                                        #19

                                        using AI hype to finance X loans?

                                        A 1 Reply Last reply
                                        0
                                        • stardustsystem@lemmy.worldS [email protected]

                                          You think Elon actually does anything besides sign the check?

                                          T This user is from outside of this forum
                                          T This user is from outside of this forum
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                                          wrote on last edited by
                                          #20

                                          So far I’ve seen/heard Elon:

                                          • Start shitty arguments
                                          • Be a fascist
                                          • Fire people they probably needed
                                          • Cut funding or drop useful projects
                                          • Spew senseless, poorly thought out catch phases
                                          • Censor people that were right but didn’t align with his narrative
                                          • Take credit for other people’s work
                                          • Pass the blame for failures

                                          Have yet to see him sign a check… it’s why they lost their boulder office, for instance.

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