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1 week ago | 
bloomberglinea.com | Carmen Arroyo |Alessia Pierdomenico
Bloomberg — La startup de inteligencia artificial de Elon Musk, xAI, está consumiendo US$1.000 millones al mes, ya que el costo de construcción de sus modelos avanzados de IA corre por delante de los limitados ingresos, según personas informadas sobre las finanzas de la empresa.
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1 week ago | 
bloomberg.com | Carmen Arroyo |Jonathan Randles
Jefferies headquarters in New York. (Bloomberg) -- A Jefferies Financial Group hedge fund widened its legal fight to recover more than $100 million that its former portfolio manager invested in an alleged fraud scheme involving water vending machines. Jefferies’ 352 Capital sued Port Angeles, Washington’s First Fed Bank last week in Seattle, claiming the First Northwest Bancorp subsidiary was aware of the alleged fraud.
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1 week ago | 
news.bloombergtax.com | Carmen Arroyo |Jonathan Randles
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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1 week ago | 
si.bloombergadria.com | Carmen Arroyo
Startup za umetno inteligenco xAI Elona Muska porabi milijardo dolarjev na mesec, saj stroški razvoja naprednih modelov umetne inteligence presegajo omejene prihodke, so pojasnili ljudje, seznanjeni s finančnim stanjem podjetja.
Hitrost, s katero podjetje izgublja denar, jasno ponazarja orjaške finančne zahteve industrije umetne inteligence, zlasti v xAI, kjer se prihodki le počasi uresničujejo.
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1 week ago | 
ndtv.com | Carmen Arroyo
Musk's startup is currently trying to raise $9.3 billion in debt and equity xAI is currently losing $1 billion monthly as it invests heavily in AI model development. To address financial shortfalls, xAI is seeking to raise $9.3 billion in debt and equity funding. The company expects to burn through $13 billion in 2025 amid slow revenue growth compared to competitors.
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1 week ago | 
share.google | Carmen Arroyo
Listen and subscribe to Elon, Inc. on Apple, Spotify, iHeart and the Bloomberg Terminal. What xAI has on its side is a CEO, Musk, who is the richest man in the world, and one who has shown a willingness to spend his fortune on huge, futuristic projects long before they start generating money. Back in 2017, Musk’s biggest company, Tesla Inc. was burning through $1 billion a quarter to pay for the production of its Model 3 car, Bloomberg reported at the time.
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1 week ago | 
bloomberg.com | Carmen Arroyo
Das KI-Startup xAI von Elon Musk hat dem Vernehmen nach zuletzt monatlich rund eine Milliarde Dollar verbraucht. Grund sind die hohen Kosten zur Entwicklung fortschrittlicher KI-Modelle, während gleichzeitig die Einnahmen noch begrenzt sind. Das hohe Tempo, in dem der Entwickler des Modells Grok Geld verbrennt, verdeutlicht, wie stark die KI-Branche insgesamt finanziell beansprucht wird. Besonders bei xAI wachsen die Kosten schneller, als Einnahmen generiert werden können.
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1 week ago | 
bloomberglinea.com.br | Carmen Arroyo |Stefani Reynolds
Bloomberg — A xAI, startup de inteligência artificial de Elon Musk, tem gasto cerca de US$ 1 bilhão por mês, enquanto os custos para desenvolver seus modelos avançados de IA crescem mais rapidamente dos que as receitas limitadas da empresa, de acordo com pessoas informadas sobre as finanças do negócio que falaram à Bloomberg News.
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1 week ago | 
news.bloomberglaw.com | Carmen Arroyo
Elon Musk’s artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues, according to people briefed on the company’s financials. The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the artificial intelligence industry, particularly at xAI, where revenues have been slow to materialize.
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1 week ago | 
news.bloomberglaw.com | Carmen Arroyo
Elon Musk’s artificial intelligence startup xAI is trying to raise $9.3 billion in debt and equity, but even before the money is in the bank the company has plans to spend more than half of it in just the next three months, according to deal terms shared with investors.
