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Elon Musk's AI startup xAI has reported $7.8 billion in expenditures from January to September 2025, with a net loss of $1.46 billion in Q3. The company plans to invest $20 billion in a new data center in Mississippi as part of its goal to develop Artificial General Intelligence, supported by recent contributions from investors like Nvidia and Qatar's sovereign wealth fund. Despite ongoing financial losses and regulatory challenges, xAI continues to prioritize substantial investments to maintain its competitive edge in the AI sector.