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.

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

(Reuters) -The National Association for the Advancement of Colored People (NAACP) on Tuesday sent a notice to billionaire Elon Musk's xAI, signaling its intention to sue the company over air pollution from the AI startup's data center in Memphis.