when I got laid off from Vice, I later found out that members of the c-suite had awarded themselves bonuses that were higher than my annual salary. I hope that answers your question.
NEW: the US government intervened Monday on behalf of xAI in a lawsuit over its gas turbines, claiming that the company needs to run the turbines in order to power Grok, which is "vital" for national security
lots of wild stuff in the filing:
In a bid to dismiss a lawsuit over xAI's polluting gas turbines, the Justice Department claimed the company is integral to military operations—including the Iran War.www.wired.com
i realize this is objectively true but it feels like... how? how is an industry that brings in this much money crashing? where the fuck did the money go?
