Docs: xAI had a net loss of $1.46B in Q3, up from $1B in Q1; sources: xAI told investors it plans to build AI that will eventually power Optimus humanoid robots
Elon Musk's artificial intelligence startup xAI is burning cash quickly, with losses mounting as it spends to build data centers …
xAI loses over a billion dollars a quarter but don't worry, it's going to power Tesla's Optimus robots. — We're about to see the first person groped to death by a horny, racist robot.
saying xAI is building the AI to power Optimus is basically admitting the AI company is a big scam too, meanwhile everyone backing it is implicated in creating the child porn generator
xAI's biggest use of cash is CapEx, depreciated over a 5-7 year period, so they'd have to be incinerating so much money if the bottom line looks like that in a single q [embedded post]