"According to documents obtained by Bloomberg, xAI recorded a net loss of $1.46 billion over the third quarter of 2025. That's an even worse loss than previous months - in the first quarter of 2025, for example, the company's net loss was roughly $1 billion, and it's shredded $7.8 billion in cash over the last year, according to documents obtained by the publication."
"Like its peers, xAI insists that pattern is temporary; per Bloomberg, its executives told investors in a recent earnings call that the company has the resources to "continue spending aggressively." Eventually, they promised, the company will build "self-sufficient AI" that can power Tesla's Optimus robots. Like xAI, Tesla's stuttering Optimus program is eons away from ever turning a profit - or even from hitting the market, for that matter."
"The financial news comes as xAI announces plans to build yet another massive data center, this time in Southaven, Mississippi. With a price tag of $20 billion, it would be the largest private investment in the state's history - and like previous xAI data centers in Memphis, Tennessee, it will no doubt be a massive headache for its unfortunate neighbors."
xAI recorded a $1.46 billion net loss in Q3 2025 and has burned about $7.8 billion over the past year. The company previously lost roughly $1 billion in Q1 2025 and continues to post deep quarterly deficits. Executives claim the losses are temporary and state that the firm has resources to "continue spending aggressively" while pursuing a "self-sufficient AI" intended to power Tesla's Optimus robots. Tesla's Optimus program remains far from profitability or market readiness. xAI plans a $20 billion data center in Southaven, Mississippi, representing the state's largest private investment and raising local impact concerns.
Read at Futurism
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