Have a new miscellaneous thoughts and observations post up on Substack.
In an all-stock transaction xAI acquires the platform X. The transaction places xAI's value at $80 billion and X's at $33 million ($45 billion minus $12 billion in debt). Total 3-D chess move by Elon Musk. I had always assumed that xAI was just a function of X but it was a separate company all along. X also serves as the perfect marketing vehicle for xAI. What's next xAI to become the answer to Siri for T-Mobile or Tesla branded cell phones?
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