News Score: Score the News, Sort the News, Rewrite the Headlines

Elon Musk's xAI Is Burning Through $1 Billion a Month

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....

Read more at bloomberg.com

© News Score  score the news, sort the news, rewrite the headlines