xAI Burns $1 Billion Monthly: Musk’s AI Venture Faces Soaring Costs
Elon Musk’s xAI is making headlines, and not just for its bold ideas. The company is now burning through $1 billion each month to build powerful AI tools. That’s a huge number. We’re talking about one of the biggest spending rates in the tech world today. xAI, founded in 2023, set out with a bold…