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petilon
6 days ago
Sure, but renting out data center capacity is not that lucrative. You get 15% markup that's all.
1 comments
laughing_man
6 days ago
15% of a billion dollars is a lot of money.
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petilon
6 days ago
It is low-margin business, does not explain their 1.8T valuation.
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laughing_man
5 days ago
That may be true, but it's the farthest thing from a "failed company", even if you assume Grok never gains a market foothold. I don't know why you would assume that, though.
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