【The speed of fundraising cannot keep up with the speed of spending, Musk's xAI is burning $1 billion a month】Musk's artificial intelligence startup xAI is attempting to raise $9.3 billion through debt and equity financing, but according to the terms shared with investors, the company plans to spend more than half of this money within the next three months before it even hits the bank. The pace at which the company raises funds and consumes cash starkly illustrates the unprecedented funding demands of the AI industry and the relatively meager revenues it has generated so far, at least in the case of xAI. Sources revealed that, based on the company's leveraged cash flow, it is expected to consume about $13 billion during the period of 2025, which is more than $1 billion per month. As a result, the company’s extensive fundraising activities barely keep pace with its spending.