Bamboo
June 18, 2025 at 08:56 AM
Elon Musk’s AI company, xAI, is spending about $1 billion every month to build its technology, even though it's not making much money yet. To keep going, it plans to raise $9.3 billion, since most of its original $14 billion is already used up.
https://finance.yahoo.com/news/musk-xai-burns-1-billion-185314873.html
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