![The AI startup also spent $7.8 billion in cash in the first nine months of the year, according to the report [File]](https://i0.wp.com/www.thehindu.com/theme/images/th-online/1x1_spacer.png?w=640&ssl=1 "The AI startup also spent $7.8 billion in cash in the first nine months of the year, according to the report [File]")
The AI startup additionally spent $7.8 billion in money in the first 9 months of the year, per the characterize [File]
| Describe Credit ranking: REUTERS
Elon Musk’s man made intelligence startup xAI reported a acquire loss of $1.46 billion for the September quarter, in comparison with an absence of $1 billion within the old three months, Bloomberg Recordsdata reported on Thursday, citing interior documents.
Earnings almost doubled sequentially to $107 million within the duration ended September 30, 2025, the characterize added.
Reuters would perchance per chance even no longer straight away verify the characterize. When contacted by Reuters for comment, xAI spoke back with the message, “Legacy Media Lies.”
The AI startup additionally spent $7.8 billion in money in the first 9 months of the year, per the characterize.
Startups within the AI home customarily burn through enormous portions of cash, with billions poured into acquiring pricey, stepped forward facts centre hardware and attracting top generative AI researchers.
This week, xAI talked about it raised $20 billion in an upsized Series E funding round, exceeding its $15 billion goal as it ramps up pattern of unusual AI devices and computing infrastructure.
Printed – January 09, 2026 09:23 am IST
