{"id":90618,"date":"2026-05-28T18:15:10","date_gmt":"2026-05-28T18:15:10","guid":{"rendered":"https:\/\/www.europesays.com\/people\/90618\/"},"modified":"2026-05-28T18:15:10","modified_gmt":"2026-05-28T18:15:10","slug":"musk-defends-ai-ambitions-as-ipo-reveals-trouble","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/90618\/","title":{"rendered":"Musk defends AI ambitions as IPO reveals trouble"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/people\/wp-content\/uploads\/2026\/05\/cc23481a7fd54536d9a7766e33cfb4a0.jpeg\" alt=\"The deal involving Elon Musk's SpaceX and Anthropic marks a surprising partnership between two companies whose leaders have been publicly at odds (Brendan SMIALOWSKI)\" loading=\"eager\" height=\"511\" width=\"768\" class=\"yf-lglytj  loaded\"\/> The deal involving Elon Musk&#8217;s SpaceX and Anthropic marks a surprising partnership between two companies whose leaders have been publicly at odds (Brendan SMIALOWSKI)  \u00b7 Brendan SMIALOWSKI\/AFP\/AFP    <\/p>\n<p class=\"yf-1fy9kyt\">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.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;Whether it is the best remains to be seen, but I will never give up. Never,&#8221; Musk wrote on his X social media platform this week.<\/p>\n<p class=\"yf-1fy9kyt\">The pledge came after SpaceX&#8217;s newly filed stock market prospectus disclosed that Anthropic &#8212; the AI company behind the Claude chatbot &#8212; will pay SpaceX $1.25 billion a month for access to the Colossus data centers, the vast computing facilities built to train Musk&#8217;s Grok AI models.<\/p>\n<p class=\"yf-1fy9kyt\">Musk said the arrangement is a short-term deal and that SpaceX, which owns xAI, could reclaim the capacity if needed. &#8220;We might need it back at some point,&#8221; he wrote.<\/p>\n<p class=\"yf-1fy9kyt\">XAI&#8217;s main product is the Grok chatbot, now in its fourth generation, which is built into the X platform and competes with ChatGPT and Claude across text, image and video generation.<\/p>\n<p class=\"yf-1fy9kyt\">It has also landed a Pentagon contract worth up to $200 million alongside rivals including Google and OpenAI.<\/p>\n<p class=\"yf-1fy9kyt\">Built quickly, the Colossus facilities in Memphis have been a source of controversy, after xAI installed dozens of natural gas turbines to power the site &#8212; drawing protests from civil rights groups who said it worsened air pollution in a predominantly Black neighborhood.<\/p>\n<p class=\"yf-1fy9kyt\">The deal with Anthropic has fueled questions about xAI&#8217;s competitive standing.<\/p>\n<p class=\"yf-1fy9kyt\">The IPO filing revealed that xAI and social media platform X &#8212; formerly Twitter, and merged with xAI last year &#8212; posted an operating loss of $6.4 billion on total revenue of $3.2 billion.<\/p>\n<p class=\"yf-1fy9kyt\">More than 50 researchers and engineers have left since SpaceX absorbed xAI in February, with departures hitting teams working on Grok&#8217;s coding, voice features, and the infrastructure used to build new frontier models.<\/p>\n<p class=\"yf-1fy9kyt\">Musk in March said he was rebuilding the company &#8220;from the foundations up.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">XAI&#8217;s Grok has also courted controversy, after the chatbot generated nonconsensual explicit deepfakes that spread across the X platform &#8212; prompting regulatory investigations in the UK and EU and a French police raid on X&#8217;s Paris offices.<\/p>\n<p class=\"yf-1fy9kyt\">&#8211; Rocky years ahead &#8211;<\/p>\n<p class=\"yf-1fy9kyt\">Musk urged patience, comparing xAI&#8217;s trajectory to SpaceX&#8217;s own rocky early years.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;SpaceX had achieved nothing of note after 3 years and was written off as dead after 6 years,&#8221; he wrote. &#8220;Let&#8217;s see where things stand 3 years from now.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">SpaceX is targeting a valuation of as much as $2 trillion in an IPO expected next month, anchored by Musk&#8217;s pledges to build data centers in space and settle humans on Mars.<\/p>\n","protected":false},"excerpt":{"rendered":"The deal involving Elon Musk&#8217;s SpaceX and Anthropic marks a surprising partnership between two companies whose leaders have&hellip;\n","protected":false},"author":2,"featured_media":90619,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[122],"tags":[2984,23383,1166,202,203,23382,207,49214],"class_list":["post-90618","post","type-post","status-publish","format-standard","has-post-thumbnail","category-elon-musk","tag-ai-company","tag-brendan-smialowski","tag-data-centers","tag-elon-musk","tag-musk","tag-social-media-platform","tag-spacex","tag-supercomputing-facilities"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116653570489111406","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/90618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=90618"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/90618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/90619"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=90618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=90618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=90618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}