Billionaire Elon Musk has responded to disapproval of his artificial quality institution xAI's mediocre endowment retention, defending the company's operations.
On Saturday, idiosyncratic Varunram Ganesh took to the societal media level X, sharing a station with a screenshot of an worker announcing their departure from xAI aft six months of moving with the AI company. "Attrition astatine xAI wrong the twelvemonth seems to beryllium astatine slightest 50%," Ganesh said.
Attrition astatine xAI wrong the twelvemonth seems to beryllium astatine slightest 50% pic.twitter.com/rC3GCd4YVr
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For reference, the attrition complaint refers to the fig of employees departing from an enactment wrong a pre-determined clip period. This includes layoffs arsenic good arsenic employees voluntarily leaving an organization.
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Quoting Ganesh's post, idiosyncratic @satyanutella_ shared screenshots of Musk's proposal and hiring practices successful the past. "Everyone should larn recruiting from "young" Elon," the idiosyncratic said, calling the Tesla Inc. (NASDAQ:TSLA) CEO "the champion tech recruiter ever."
The idiosyncratic past shared that Musk had since "fell off" successful the 2020s. "xAI endowment and retention is mode worse than each his erstwhile projects," the idiosyncratic said.
https://twitter.com/satyanutella_/status/2009919580177903988
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Responding to the post, Musk shared that xAI has had "very fewer regretted departures" from the company. Musk besides added that xAI was expanding astatine a accelerated gait contempt its comparatively tiny workforce. "We are accelerating faster than immoderate different AI enactment connected Earth, contempt being a overmuch smaller team," Musk said.
There are precise fewer regretted departures.
And we are accelerating faster than immoderate different AI enactment connected Earth, contempt being a overmuch smaller team.
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xAI is reportedly spending adjacent to $1 cardinal each period to grow its AI capabilities, with the institution spending implicit $7.8 cardinal during the archetypal 9 months of past twelvemonth connected assorted investments. It's worthy noting that xAI generated $107 cardinal successful revenue. xAI reportedly recorded a nonaccomplishment of $1.46 cardinal successful the September quarter.

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