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Elon Musk's xAI raises $6B to build more powerful AI supercomputers
(www.tomshardware.com)
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this post was submitted on 25 Dec 2024
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His vaporware time after time raises billions without any viable output.
In a meanwhile, there are legit businesses which struggle financially because the market 'doesn't believe' in them.
Free market will solve it, my ass
Free market? Welcome to the bailout economy, where success is determined purely by proximity to power. Any facade of a free market died in 2008.