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

NAACP may sue Elon Musk’s xAI over air pollution at Memphis AI data center, alleging illegal turbine use and violations of the Clean Air Act.

Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the company is going to need to become fiscally viable—a goal it hasn’t quite met yet.