Part 3/9:
Recent reports from Bloomberg have suggested that Musk's startup XAI is incurring costs upwards of $1 billion monthly. Musk quickly refuted these claims, arguing that they misunderstand the high stakes of the AI race. Nonetheless, this revelation raises questions about the sustainability of XAI's financial model. Investors look to understand how long a company can maintain such burn rates without a consistent revenue stream — a point of contention that has recently emerged between XAI and its competitors.