Destination

2025-06-18

xAI expects $13 billion losses in 2025 with just $500 million revenue

The Grok-Logo


Bloomberg reports that Elon Musk's AI startup xAI is currently burning through about $1 billion every month.


The article xAI expects $13 billion losses in 2025 with just $500 million revenue appeared first on THE DECODER.

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Destination

2025-03-28

xAI, Elon Musk's AI company, just purchased X, Elon Musk's social media company

Elon Musk's AI company, xAI, has purchased X, according to a post shared by Musk. Besides their similar names and owner, the companies are already connected through xAI's chatbot Grok, which [...]

Match Score: 105.44

Destination

2025-05-16

Grok kept talking about 'white genocide' due to an 'unauthorized modification'

In the early hours of May 14, xAI's chatbot Grok repeatedly gave X users responses that referred to claims about a "white genocide" in South Africa even if their inquiries had nothing t [...]

Match Score: 85.30

Destination

2025-09-25

xAI accuses OpenAI of stealing its trade secrets in new lawsuit

Elon Musk's xAI is suing OpenAI, alleging that the ChatGPT maker has stolen its trade secrets. The lawsuit comes after the company recently sued a former employee, Xuechen Li, for allegedly steal [...]

Match Score: 84.55

Destination

2025-08-30

xAI sues an ex-employee for allegedly stealing trade secrets about Grok

xAI doesn't want its secret recipe for Grok to get out, and it's filing a lawsuit to make sure of that. In a lawsuit filed earlier this week, xAI claimed that former employee Xuechen Li stol [...]

Match Score: 83.15

Destination

2025-08-29

The White House reportedly ordered xAI's Grok to be approved for government use

Despite some fallout between President Trump and Elon Musk, the White House appears to still be in Musk’s corner. Wired is reporting, based on documents obtained by the outlet, that the White House [...]

Match Score: 76.90

Destination

2025-09-13

xAI reportedly laid off at least 500 AI tutors working on Grok

xAI has laid off at least 500 workers from its data annotation team, the company's largest, according to Business Insider. The annotation team is in charge of categorizing and contextualizing raw [...]

Match Score: 67.81

Destination

2025-07-10

How exactly did Grok go full 'MechaHitler?'

Earlier this week, Grok, X's built-in chatbot, took a hard turn toward antisemitism following a recent update. Amid unprompted, hateful rhetoric against Jews, it even began referring to itself as [...]

Match Score: 58.64

Destination

2025-08-25

Elon Musk and xAI are suing Apple and OpenAI because Grok isn't topping the app charts

Elon Musk's artificial intelligence company xAI is suing Apple and OpenAI, as reported by Reuters. The suit accuses the companies of illegally conspiring to stop rival AI companies from getting a [...]

Match Score: 56.93

Destination

2025-08-01

Nintendo has sold over 6 million Switch 2s but still can't keep up with demand

Nintendo sold 5.82 million Switch 2s in less than four weeks and still expects to sell 15 million units by April 2026, the company said in its latest earnings report. If that pans out, the Switch 2 wo [...]

Match Score: 52.84