According to a report released by Bloomberg on June 18, sources familiar with xAI's financial situation have revealed that the artificial intelligence company founded by Musk is currently burning through funds at an astonishing rate, with monthly expenditures reaching up to $1 billion. These massive funds are primarily used to build advanced AI models, while the company's current revenue levels are far from covering such enormous expenses.

This phenomenon vividly reveals the financial pressures faced by the contemporary AI industry. Especially for emerging companies like xAI, the revenue growth clearly lags behind the investments required for technological research and development. It is reported that although the company is actively seeking investor support and plans to raise about $9 billion in funding, industry analysts believe that this amount may only be enough to sustain operations for a few months.

It is worth noting that the revenue performance of xAI's AI product Grok currently shows a significant gap compared to industry leaders, with total revenue expected to be around $500 million this year, which still leaves considerable room for improvement compared to competitor ChatGPT.

This huge funding gap has prompted the market to reflect on the sustainable development model of AI startups, and it also reflects the complex balance between cutting-edge technology research and development and commercialization.