News Elon Musk's xAI is projected to lose $13 billion in 2025 — AI project burns $1 billion a month in expenditures

[Admin]

Elon Musk's AI startup xAI is rapidly burning through cash — spending $1 billion a month and projecting $13 billion in losses for 2025 — as it races to build massive AI infrastructure and catch up with rivals.

Elon Musk's xAI is projected to lose $13 billion in 2025 — AI project burns $1 billion a month in expenditures : Read more

 

[edzieba]

Same as all the other 'AI' companies: spending billions training LLMs, but nobody wants to pay them since those model's can't actually do anything of significant value.

 

[jp7189]

Same as all the other 'AI' companies: spending billions training LLMs, but nobody wants to pay them since those model's can't actually do anything of significant value.

The article mentions $12.7B in revenue, so someone is finding it valuable.