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Elon Musk's xAI is projected to lose $13 billion in 2025 — AI project burns $1 billion a month in expenditures
Elon Musk's AI startup xAI is rapidly burning through cash - spending $1 billion a month and projecting $13 billion in losses for 2025 - as it races to build massive AI infrastructure and catch up with rivals.
Elon Musk confirms xAI is buying an overseas power plant and shipping the whole thing to the U.S. to power its new data center — 1 million AI GPUs and up to 2 Gigawatts of power under one roof,
Elon Musk's xAI is set to build million-GPU data center expected to draw up to 2 GW of power, prompting Musk to buy and import an entire power plant.
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