Elon Musk’s artificial intelligence venture, xAI, and its acquisition of the social media platform X, formerly known as Twitter, valued at $33 billion, have drawn heightened scrutiny from European Union regulators,

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

Citing the usual anonymous people familiar with the matter, Bloomberg writes that the $500 million that xAI will earn this year looks positively tiny next to