{"id":236103,"date":"2026-01-09T13:33:09","date_gmt":"2026-01-09T13:33:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/236103\/"},"modified":"2026-01-09T13:33:09","modified_gmt":"2026-01-09T13:33:09","slug":"musks-xai-quarterly-net-loss-widens-to-1-46-billion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/236103\/","title":{"rendered":"Musk&#8217;s xAI quarterly net loss widens to $1.46 billion"},"content":{"rendered":"<p>Elon Musk&#8217;s artificial intelligence startup xAI reported a net loss of $1.46 billion for the September quarter, compared with a loss of $1 billion in the previous three months, Bloomberg News has reported, citing internal documents.<\/p>\n<p>Revenue nearly doubled sequentially to $107 million in the period ended September 30, 2025, the report added.<\/p>\n<p>Reuters could not immediately verify the report. When contacted by Reuters for comment, xAI replied with the message, &#8220;Legacy Media Lies.&#8221;<\/p>\n<p>The AI startup also spent $7.8 billion in cash in the first nine months of the year, according to the report.<\/p>\n<p>Startups in the AI space typically burn through huge amounts of cash, with billions poured into acquiring pricey, advanced data centre hardware and attracting top generative AI researchers.<\/p>\n<p>This week, xAI said it raised $20 billion in an upsized Series E funding round, exceeding its $15 billion target as it ramps up development of new AI models and computing infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"Elon Musk&#8217;s artificial intelligence startup xAI reported a net loss of $1.46 billion for the September quarter, compared&hellip;\n","protected":false},"author":2,"featured_media":236104,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,60,80],"class_list":["post-236103","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ie","tag-ireland","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/236103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=236103"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/236103\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/236104"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=236103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=236103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=236103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}