Musk’s xAI Burned Through $7.8 Billion in Cash in First Nine Months of 2025

Elon Musk’s xAI burned through $7.8 billion in cash in the first nine months of 2025, Bloomberg reported Thursday evening, reflecting the high costs of AI development. XAI is responsible for the Grok AI models and chatbot.

The Bloomberg report said xAI had reported a net loss of $1.46 billion in ...