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Musk's xAI burning $1 billion a month as costs pile up
Financial Express Lucknow
|June 19, 2025
RACING AHEAD
ELON MUSK'S ARTIFICIAL intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues, according to people briefed on the company's financials.
The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the artificial intelligence industry, particularly at xAI, where revenues have been slow to materialize.
Cette histoire est tirée de l'édition June 19, 2025 de Financial Express Lucknow.
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