alt Hacker NewsWow, bit weird that Musk, who must have known about how badly xAI was doing, spent so much of his investors money buying out xAI.
What an enormous blunder.
Wow, bit weird that Musk, who must have known about how badly xAI was doing, spent so much of his investors money buying out xAI.
What an enormous blunder.
It's how he hides losses though. People who aren't Musk can demand answers to questions he'd like to ignore.
As it is within the Musk empire, xAI is used to hold up X, Tesla is holding up xAI. And all of that debt is being slowly shuffled to SpaceX.