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Musk's xAI posts net quarterly loss of $1.46 billion, Bloomberg News reports

ReutersJan 9, 2026 12:57 AM

Jan 8 (Reuters) - Elon Musk’s artificial intelligence startup xAI reported a net loss of $1.46 billion for the September quarter, up from $1 billion in the first quarter, Bloomberg News reported on Thursday, citing internal documents.

Reuters could not immediately verify the report.

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