Elon Musk's xAI Reports $1.46 Billion Quarterly Loss While Racing to Power Optimus Robots
Elon Musk's AI startup xAI burned through $1.46 billion in the September quarter, up from $1 billion earlier in 2025, as it pours resources into data centers, talent, and software development. Despite mounting losses, the company nearly doubled its revenue to $107 million and raised $20 billion in fresh funding to fuel its ambitious plan to build self-sufficient AI that will eventually power Tesla's Optimus humanoid robots.