Xatolos@reddthat.com to Technology@lemmy.worldEnglish · 2 days agoElon Musk's xAI raises $6B to build more powerful AI supercomputerswww.tomshardware.comexternal-linkmessage-square40fedilinkarrow-up1112arrow-down157
arrow-up155arrow-down1external-linkElon Musk's xAI raises $6B to build more powerful AI supercomputerswww.tomshardware.comXatolos@reddthat.com to Technology@lemmy.worldEnglish · 2 days agomessage-square40fedilink
minus-squarePetteriPano@lemmy.worldlinkfedilinkEnglisharrow-up5·1 day agoHe doesn’t have that kind of money. He owns stock valued at insane prices. No one will buy 6B worth of stocks. Trying to crank it out on the open exchanges would make the value dive.
minus-squareDeadWorldWalking@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up6arrow-down2·edit-21 day agoSo since he is actually broke it wouldn’t hurt if we took all that wealth and redistributed it? Lmao it’s insane what some people do to downplay the insane excess wealth of the literal richest person ever.
He doesn’t have that kind of money.
He owns stock valued at insane prices. No one will buy 6B worth of stocks. Trying to crank it out on the open exchanges would make the value dive.
So since he is actually broke it wouldn’t hurt if we took all that wealth and redistributed it?
Lmao it’s insane what some people do to downplay the insane excess wealth of the literal richest person ever.