"Bloomberg is talking nonsense."
"They don’t. Also, Bloomberg is talking nonsense."
Elon Musk has refuted Bloomberg News' assertion that his AI startup, xAI, is enduring a substantial financial loss of $1 billion per month. Responding on the social media platform X, Musk labeled the reporting as 'nonsense' and did not elaborate on the details of his rebuttal. Although Bloomberg painted a grim financial picture for xAI, the startup's valuation has grown significantly to $80 billion, suggesting a bright future as it merges with X and capitalizes on its data resources.
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