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Artificial intelligence
fromTechCrunch
6 days ago

xAI burned $6.4B last year. SpaceX's IPO filing shows why the spending is far from over | TechCrunch

xAI losses are rapidly expanding while Grok scaling plans call for massive compute, increasing capital spending and widening the revenue gap.
Business
from24/7 Wall St.
4 months ago

AST SpaceMobile (ASTS) Stock: Which Comes First, $50 or $150?

AST SpaceMobile is a high-volatility, loss-making satellite broadband pioneer with rapid launch plans and significant operating losses, creating potential for large gains and severe downside.
Artificial intelligence
fromFortune
6 months ago

OpenAI says it plans to report stunning annual losses through 2028-and then turn wildly profitable just two years later | Fortune

OpenAI plans heavy upfront compute and data-center investment, accepting massive operating losses through the late 2020s while aiming for profitability by 2030.
fromBoston.com
7 months ago

State's second-largest health insurance company announces 250+ layoffs

Point32Health announced it is laying off 254 employees on Monday, its second round of reductions this year. The non-profit company said in a statement that the layoffs are part of an effort to reduce administrative costs as it continues to experience unprecedented increases in medical care and pharmaceutical costs. Point32Health also cut 110 jobs in March. The company has about 4,000 employees, it reports on its website.
Healthcare
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