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Elon Musk's xAI Spending $1 Billion A Month To Keep Pace On Ai

Summary by thinglabs.io
Elon Musk’s AI startup, xAI, is spending money at a staggering pace in an all-out effort to compete with the likes of OpenAI, Google DeepMind, and Anthropic. While headlines proclaim Musk is “burning billions,” the bigger picture reveals a high-risk, high-reward strategy to fast-track xAI into a dominant force in artificial intelligence—built on colossal hardware investments, massive funding rounds, and sky-high projections. The Royal Society, C…
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thinglabs.io broke the news in on Friday, June 20, 2025.
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