Comment on 'X' Marks xAI's Spot: xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion.

CosmoNova@lemmy.world ⁨1⁩ ⁨week⁩ ago

I’m not convinced bundling a losing business with an utterly inflated one is the right move to attract investors but then again you shouldn’t invest in an oligarchy in the first place.

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