Sources: xAI is burning through $1B per month, expects to burn through ~$13B in 2025, and projects its revenue to be just $500M in 2025, rising to $2B+ in 2026
Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building …
Bloomberg
Related Coverage
- xAI expects $13 billion losses in 2025 with just $500 million revenue The Decoder · Maximilian Schreiner
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- Elon Musk slams Bloomberg's shocking xAI cash burn claims TESLARATI · Simon Alvarez
- Musk's AI startup burning $1 billion a month, seeks $9.3 billion lifeline Business Standard · Boris Pradhan
- Elon Musk's xAI nears $9.3bn equity and debt deal Financial Times
- xAI is burning $1 billion a month so Grok can explain white-supremacist conspiracy theories in the style of Jar-Jar Binks https://www.bloomberg.com/... h/t @crumbler @drewharwell · Drew Harwell
- Elon Musk's artificial intelligence startup xAI is trying to raise $9.3 billion in debt and equity, but even before the money is in the bank … Carmen Arroyo Nieto
- xAI facing lawsuit over use of gas turbines at Memphis supercomputer DatacenterDynamics · Zachary Skidmore
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- NAACP launches lawsuit over pollution from Musk's xAI Politico · Avril Silva
- NAACP Plans Lawsuit Against Elon Musk's xAI Over Pollution in Memphis' Boxtown [your]NEWS · Blessing Nweke
- xAI supercomputer faces lawsuit over air pollution concerns TESLARATI · Maria Merano
- NAACP, environmental group notify Elon Musk's xAI company of intent to sue over facility pollution Associated Press · Adrian Sainz
- NAACP announces plans to sue Musk's xAI over pollution concerns NBC News · Bracey Harris
- NAACP files intent to sue Elon Musk's xAI company over supercomputer air pollution Associated Press · Adrian Sainz
- xAI data centre emits plumes of pollution, new video shows DeSmog · Nick Cunningham
Discussion
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@drewharwell.com
Drew Harwell
on bluesky
xAI is burning $1 billion a month so Grok can explain white-supremacist conspiracy theories in the style of Jar-Jar Binks www.bloomberg.com/news/article... h/t @caseynewton.bsky.social
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@oldcoleminer
Cole Hardman
on bluesky
The secret is that people are not using AI for everything and all of the news about AI is propoganda rn because xAI and OpenAI are doing funding rounds. If anything real news this week has been really bad for AI adoption.
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@prietschka
Paul Rietschka
on bluesky
Excellent illustration of the lack of sustainability in AI. — These numbers aren't just atrocious, they show that there's no business model here at all. [embedded post]
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@glinden
Greg Linden
on bluesky
Amazing that investors keep pouring money into this bonfire.
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@edzitron.com
Ed Zitron
on bluesky
Man, if it's this bad for xAI, imagine how bad it is for OpenAI and Anthropic [embedded post]
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@elonmusk
Elon Musk
on x
@JessePeltan They don't. Also, Bloomberg is talking nonsense.
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@jessepeltan
Jesse Peltan
on x
People really have no idea what's at stake.
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@luke_metro
@luke_metro
on x
The total operating costs of xAI are ... less than it cost Meta to recruit its new VP of AI
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r/singularity
r
on reddit
Musk's xAI Burning Through $1 Billion a Month as Costs Pile Up