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Musk's xAI Quarterly Loss Widens Further
BlockBeats News, January 9th, according to foreign media citing internal documents, Musk's xAI is rapidly burning through funds, with its losses escalating, as the company has invested heavily in building data centers, recruiting talent, and developing software that will eventually be used to power humanoid robots.
The documents show that xAI had a net loss of $1.46 billion in the third quarter, up from $1 billion in the first quarter. In the first nine months of 2025, the company spent a total of $7.8 billion in cash. According to sources familiar with the matter, like other fast-growing artificial intelligence startups, xAI's funding raised in a recent funding round is being rapidly deployed.
During an investor conference call, xAI's senior management told investors that the current focus of xAI's core work is to accelerate the development of AI agents and other software products. These products will feed into the so-called "Macrohard" - Musk has explained that the term refers to a purely AI software company, with the name being a pun on "Microsoft" - until ultimately providing technical support for Optimus. (Jinse)
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