Elon Musk defends AI ambitions as IPO reveals trouble

Elon Musk insists that his artificial intelligence venture xAI remains a serious competitor, pushing back against mounting doubts after revelations that the supercomputing facilities built to power his own AI models are being rented out to a rival.

“Whether it is the best remains to be seen, but I will never give up. Never,” Musk wrote on his X social media platform this week.

The pledge came after SpaceX’s newly filed stock market prospectus disclosed that Anthropic — the AI company behind the Claude chatbot — will pay SpaceX $1.25 billion a month for access to the Colossus data centers, the vast computing facilities built to train Musk’s Grok AI models.

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