Silicon Valley Daily

This was already de facto the case with X shareholders owning 25% of xAI (in addition to having largely the same core group of investors in both companies).

Simplifies the revenue story and makes it easier to handle the debt if the story is frontier AI model with subscriptions and a social network attached.

Goal is to to shift the comp to OpenAI instead of Meta.

@xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). 

Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at

Elon Musk

This was already de facto the case with X shareholders owning 25% of xAI (in addition to having largely the same core group of investors in both companies).

Simplifies the revenue story and makes it easier to handle the debt if the story is frontier AI model with subscriptions and a social network attached.

Goal is to to shift the comp to OpenAI instead of Meta.

https://x.com/elonmusk/status/1905731750275510312?s=46

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

it is looking sillier and sillier that everyone judged the twitter acquisition so literally

it was actually about (1) influencing regulation and (2) winning AI

wowow

playing /bracket, assisting /bracky, talking /greatbooks

I mean he kind of bought it by accident😂 

But is leveraging that accident for both of those outcomes

Mini apps will eat the internet | Latest drop: /clankermon | Building : /miniapps /large /fctrivia /flappycaster /jeeves /source @degentip @playsource /jump

I wonder how much of that was a negotiating tactic (with the best negotiation being that youre willing to walk away)

this guy is really good at succeeding with high EV risks

anything I know about it points to that not being the case

as good as that plot would be