xAI under Musk reports further widening quarterly losses

BlockBeats News, January 9th, according to foreign media citing internal documents, xAI, a company under Musk, is rapidly burning through funds, with its losses continuing to increase. The reason is that 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 AI startups, the funds raised by xAI in its recent financing rounds are being rapidly deployed.

In an investor conference call, senior executives at xAI told investors that the company's current core focus is to accelerate the development of AI agents and other software products. These products will be integrated into what is called "Macrohard"—a term Musk explained refers to a pure AI software company and is a pun on "Microsoft"—until they eventually provide technical support for Optimus. (Golden Ten Data)