Xatolos@reddthat.com to Technology@lemmy.worldEnglish · 1 month agoElon Musk's xAI raises $6B to build more powerful AI supercomputerswww.tomshardware.comexternal-linkmessage-square34fedilinkarrow-up1111
arrow-up1111external-linkElon Musk's xAI raises $6B to build more powerful AI supercomputerswww.tomshardware.comXatolos@reddthat.com to Technology@lemmy.worldEnglish · 1 month agomessage-square34fedilink
minus-squarePetteriPano@lemmy.worldlinkfedilinkEnglisharrow-up5·1 month 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-squareDeadWorldWalkinglinkfedilinkEnglisharrow-up8·edit-21 month 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.