Kathmandu, January 9, 2026 — Elon Musk xAI company xAI posted a huge loss of $1.46 billion in the last quarter. The report was published today by Bloomberg News. This is higher than the previous quarter’s loss of around $1 billion.
Despite the loss, Elon Musk’s xAI revenue almost doubled. The company made $107 million in profits for the quarter, which is up from $55 million in the last quarter. The loss is attributed to heavy investment in AI, data centers, and talent acquisition.
Elon Musk xAI has invested $7.8 billion within the first nine months of 2025. To facilitate its growth, it raised an amount of $20 billion in Series E funding. The fund was raised beyond the target of $15 billion. The money will help expand AI models and computing infrastructure.
xAI responded to the report by saying “Legacy Media Lies”, without providing more details.
Experts say that the losses are part of xAI’s strategy to grow fast in the competitive AI market. The company is focusing on long-term expansion despite short-term losses.
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For details: Reuters
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