Also, xAI bought X: https://www.theguardian.com/technology/2025/mar/29/elon-musks-xai-firm-buys-social-media-platform-x-for-33bn https://www.theguardian.com/te

Also, xAI bought X: https://www.theguardian.com/technology/2025/mar/29/elon-musks-xai-firm-buys-social-media-platform-x-for-33bn https://www.theguardian.com/technology/2025/mar/29/elon-musk... And now xAI gets refinancing: https://www.cnbc.com/2025/07/01/elon-musk-xai-raises-10-billion-in-debt-and-equity.html https://www.cnbc.com/2025/07/01/elon-musk-xai-raises-10-bill... The Saudi investors who lost a lot of money on X still believe in Musk's "AI" efforts, at least in public (see Tucker Carlson interview with one of the princes). So it's better to keep up the hype and sell them additional GPU data centers.