They demonstrated to investors a willingness to generate AI porn. This is just speculation, but itβs also the only remaining use case that will make money.
This is why Elon was not wrong in acquiring Twitter. he repurposed X into an AI company, thanks to Grok. Given the hype surrounding AI, it's conceivable the spinoff, XAI , is worth more than the parent, X/Twitter, so Elon still came out ahead.