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Sources: xAI is burning through $1B/month and expects to burn through ~$13B in 2025; revenues are expected to be just $500M this year, rising to $2B+ next year (Bloomberg)

Bloomberg : Sources: xAI is burning through $1B/month and expects to burn through ~$13B in 2025; revenues are expected to be just $500M t...

19 June 2024

Sources: Nvidia agrees to buy Shoreline, which helps automate fixing software problems, in a deal that values Shoreline at ~$100M; Shoreline has raised ~$57M (Bloomberg)

Bloomberg:
Sources: Nvidia agrees to buy Shoreline, which helps automate fixing software problems, in a deal that values Shoreline at ~$100M; Shoreline has raised ~$57M  —  The deal was struck recently and values Shoreline at about $100 million, according to the people, who asked not to be identified because the matter is private.

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