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 1 day ago by realcaseyrollins@narwhal.city 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 1 day ago
At this rate, he’s going to be broke in just a couple of hundred years.
n3m37h@sh.itjust.works 1 day ago
With the tesla stock in steep decline hopefully he will be broke by the end of the year
pelespirit@sh.itjust.works 1 day 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@narwhal.city 1 day 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 1 day ago
Not if you say “thank you” after every reply.
Help it burn through more cash with politeness and cpu cycles.
Fuck Elon.