Comment by matwood
1 day ago
I wouldn't really say SpaceX expanded its business. It was merged with a social network and AI firm to juice its IPO valuation. The SpaceX part of the business is interesting, but the value is generously only about 20% of the value of the company. Anyone who wants to invest in AI isn't going to want a near last place model company. And who wants to put money into Twitter?
I don't think what place you're in matters anymore when a small lab like Moonshot can come in and take the top spot out of nowhere.
Sure, but that's more of an indictment of SpaceXAI. All those resources, and they get upstaged by a bunch of much more compute constrained Chinese startups.
I disagree. They're renting out GPUs to other providers because they realize it's a long game that they're in a better position to win because they control infrastructure as well as hardware.
We'll have to wait and see I guess.
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