SMRTR AIJun 19, 2025TechSpot

Elon Musk responds to report that xAI is burning through $1 billion a month

SMRTR summary

Despite Musk's denial, xAI reportedly aims to spend $13 billion in 2025, seeking $4.3 billion in equity funding now, $6.4 billion next year, and $5 billion in debt, with investments in data centers and GPUs indicating substantial plans.

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