Don't Just Read the News, Understand It.
Published loading...Updated

Elon Musk slams Bloomberg’s shocking xAI cash burn claims

Summary by TESLARATI
Elon Musk has forcefully rejected Bloomberg News’ claims that his artificial intelligence startup, xAI, is hemorrhaging $1 billion monthly.  In a post on X, Musk stated that “Bloomberg is talking nonsense.” He also acknowledged an X user’s comment that people “really have no idea what’s at stake” with AI. Bloomberg‘s Allegations and Musk’s Rebuttal The Bloomberg News report painted a dire picture of xAI’s finances. Citing people reportedly famil…

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

TESLARATI broke the news in on Wednesday, June 18, 2025.
Sources are mostly out of (0)