Musk's new AI business is a cash-hungry monster.
https://gizmodo.com/elon-musks-xai-is-reportedly-burning-through-1-billion-a-month-2000617458
Submitted 22 hours ago by realcaseyrollins to finance@thelemmy.club
https://gizmodo.com/elon-musks-xai-is-reportedly-burning-through-1-billion-a-month-2000617458
Musk's new AI business is a cash-hungry monster.
https://gizmodo.com/elon-musks-xai-is-reportedly-burning-through-1-billion-a-month-2000617458
This guy is terrible at running profitable businesses and somehow Amazon at raising funds.
I don’t get it.
I don't think money is his goal, he's doing this mostly for fun.
Well, most of his companies, I think, he runs for fun. Now SpaceX and Starlink, I think he does for altruistic purposes.
How much money dose it cost to make an ai not “woke” anymore?
Somebody should take a machete to all that fraud. Surely there’s a trade imbalance somewhere that needs to be tariffed.
/s but only a little
Maybe give me some of that
Schwim@lemmy.zip 22 hours ago
At this rate, he’s going to be broke in just a couple of hundred years.
n3m37h@sh.itjust.works 21 hours ago
With the tesla stock in steep decline hopefully he will be broke by the end of the year
pelespirit@sh.itjust.works 21 hours ago
He’s supposed to be over-leveraged, but he does have Saudi Arabian buddies that might bail him out for awhile. He might go the My Pillow Guy route though too. Idk if he still has a base after the nazi salute.
realcaseyrollins 21 hours ago
This rate seems to be about twice as much as the rate OpenAI spends, so the company will go broke about twice as quickly as OpenAI does.
wirebeads@lemmy.ca 21 hours ago
Not if you say “thank you” after every reply.
Help it burn through more cash with politeness and cpu cycles.
Fuck Elon.