93
Elon Musk's xAI plans to build 'Gigafactory of Compute' by fall 2025 — using 100,000 Nvidia's H100 GPUs
(www.tomshardware.com)
this post was submitted on 26 May 2024
93 points (75.1% liked)
Technology
59385 readers
932 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
While this wasn't treated as fraud, Musk did lose his $55 billion bonus as deemed an insider job, where Musk controlled the board to the detriment of other shareholders. Here (Denmark) we had a similar case in principle but by a majority shareholder (although much smaller), that resulted in 7 year jail time for the CEO/Stock majority holder that did it.
https://thehill.com/regulation/court-battles/4438387-judge-rules-musk-must-give-up-tesla-compensation-worth-billions/
Why musk isn't in jail for this IDK, but IMO he should be, and by better standards he would be.
Because he's the pride and token of US (and their greenwashing). AND the US already poured too much of the taxpayers' money into SpaceX & Tesla. To announce that they basically got granny-scammed by one loudmouth would be to destroy your international cred.