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To profit from the current SpaceX gold rush, investment banks, law firms, advisors and partners are essentially being required to subsidise xAI. Currently, xAI’s annual recurring revenue (ARR) is negligible compared to industry leaders like OpenAI and Anthropic. www.engadget.com/ai/banks-wor...

engadget.comBanks working on the SpaceX IPO reportedly have to subscribe to GrokThey've already agreed to spend tens of millions of dollars on the chatbot.

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