A pre-revenue AI crypto startup funneled $12 million into EV as bad crypto trades erased 97% of cash in six months

Aug. 9, 2026 at 11:05 pm GMT • 2 min read 01 AIxCrypto entered the third quarter with just $577,328, down from $19.33 million at year-end. 02 A $12 million Faraday Future securities purchase drove a financing outflow alongside the company’s $10.27 million loss. 03 RoboShare targeted August activity and third-quarter revenue, but both timing and funding remained conditional.AIxCrypto Holdings, a pre-revenue company building a robot-rental marketplace while holding digital assets, entered the third quarter with $577,328 in cash after its balance fell 97% in six months. Its nearest stated route to operating revenue, RoboShare, was still preparing a Los Angeles pilot as of Aug. 7.Cash and cash equivalents fell from $19.33 million at Dec. 31 to $577,328 at June 30. AIxCrypto reported a $10.27 million first-half net loss and used $7.94 million of cash in operations. That operating use was only part of the decline: the cash-flow statement separately recorded a $12 million financing outflow for Faraday Future securities and $2.11 million of proceeds from digital-asset sales.The Faraday investment was made through an entrusted arrangement with Gold King Arthur Holding Limited and comprised ...