Online reports that Musk's artificial intelligence startup xAI is trying to raise $9.3 billion through debt and equity, but according to the terms of the deal shared with investors, the company plans to spend more than half of the money in the next three months before the money enters banks. The speed at which the company raises funds and consumes cash is a stark example of the unprecedented funding needs of the artificial intelligence industry and the relatively meagre revenue it has generated so far, at least as far as xAI is concerned. According to sources, based on the company's leveraged cash flow, the company expects to consume approximately US$13 billion during 2025, or more than US$1 billion per month. As a result, the company's massive fundraising activity barely kept pace with spending.