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164

Elon Musk Is Rolling xAI Into SpaceX—Creating the World’s Most Valuable Private Company (www.wired.com)

submitted 12 hours ago by some_guy@lemmy.sdf.org to c/technology@lemmy.world

93 comments fedilink hide all child comments

In a blog post, Musk said the acquisition was warranted because global electricity demand for AI cannot be met with “terrestrial solutions,” and Silicon Valley will soon need to build data centers in space to power its AI ambitions.

This dumb fuck. Unfortunately, his boosters will be all-in on this messaging. Whatever.

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[–] manxu@piefed.social 1 points 8 hours ago* (last edited 8 hours ago) (1 children)

xAI business model: hype  
SpaceX business model: government contracts

The contracts stay when the hype dies. By merging the two companies, Musk avoids the collapse of one. To make this work, he needs more government contracts - I see a lot of groveling and boot licking in his immediate future.

[–] Quazatron@lemmy.world 1 points 7 hours ago

This capitalism looks and smells a lot like good old USSR style communism.