this post was submitted on 18 Jun 2025

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Elon Musk’s xAI Is Reportedly Burning Through $1 Billion a Month (gizmodo.com)

submitted 5 months ago by realcaseyrollins@narwhal.city to c/finance@thelemmy.club

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Musk's new AI business is a cash-hungry monster.

https://gizmodo.com/elon-musks-xai-is-reportedly-burning-through-1-billion-a-month-2000617458

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[–] Schwim@lemmy.zip 28 points 5 months ago (6 children)

At this rate, he's going to be broke in just a couple of hundred years.

[–] n3m37h@sh.itjust.works 9 points 5 months ago (3 children)

With the tesla stock in steep decline hopefully he will be broke by the end of the year

[–] pelespirit@sh.itjust.works 5 points 5 months ago (2 children)

He's supposed to be over-leveraged, but he does have Saudi Arabian buddies that might bail him out for awhile. He might go the My Pillow Guy route though too. Idk if he still has a base after the nazi salute.

[–] FoxyFerengi@startrek.website 2 points 5 months ago

I want to know what some of these people think of him now

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