I mean, they can burn it all up in a fire in a few months. xAI loses $1 billion per month, so this round would be an 8 month runway for that company. OpenAI loses $2 for every $1 it brings in, but perhaps they're only losing $500M/mo, so maybe this $8b could last them more than a year...
> xAI loses $1 billion per month
Isn’t the vast majority of that capex?
Paying Oracle monthly bills is not capex.
It was recently reported by Reuters:
XAI is training Grok on 230,000 graphics processing units, including Nvidia's 30,000 GB200 AI chips, in a supercluster, with inference handled by the cloud providers, Musk said in a post on X on Tuesday. He added that another supercluster will soon launch with an initial batch of 550,000 GB200 and GB300 chips.
I suppose one could argue this training isnt capex, but I was also under the impression that xAI was building sites for housing their AI.