<p>➀ Elon Musk's xAI startup raised $10 billion in June 2025, seeks an additional $12 billion, and has an annual cash burn rate of $13 billion, with minimal reported revenue; </p><p>➁ xAI is constructing custom AI datacenters (e.g., the Memphis-based 'Colossus' with 200,000 Nvidia GPUs) through leased GPUs and complex financial deals to keep pace with rapid hardware advancements; </p><p>➂ Despite skepticism about its economics, Musk’s proven track record with Tesla and SpaceX fuels confidence in xAI’s ambitious goal to deploy 1 million GPUs for training its AI model Grok.</p>