Elon Musk's xAI quarterly losses further widen

2026-01-09 01:03:20

Abstract generation in progress

BlockBeats News, January 9 — According to foreign media citing internal documents, Elon Musk’s xAI is rapidly depleting its funds, with losses continuously increasing. The reason is that the company has invested heavily in building data centers, recruiting talent, and developing software that will ultimately be used to power humanoid robots.

The documents show that xAI posted 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 insiders, like other rapidly growing AI startups, the funds raised in recent financing rounds are being quickly put to use.

During an investor conference call, senior management of xAI told investors that the company’s current core focus is accelerating the development of AI intelligences and other software products. These products will be integrated into the so-called “Macrohard” — a term Elon Musk explained as referring to a pure AI software company, a pun on “Microsoft” — until ultimately providing technical support for Optimus. (Jin10)

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