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
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Facebook renames its Videos tab as the Reels tab and says all videos on its platform will soon be shared as reels, regardless of their length or orientation — Facebook announced on Tuesday that all videos on its platform will soon be shared as reels, regardless of their length or orientation.
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