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Elon Musk’s xAI Hits $200 Billion Valuation in Latest Funding Round
Elon Musk’s xAI Hits $200 Billion Valuation in Latest Funding Round
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BTCCSquare news:
Elon Musk's artificial intelligence venture, xAI, is securing $10 billion in fresh capital at a staggering $200 billion valuation, positioning it among the world's most valuable startups. The funding round underscores intensifying investor appetite for AI development firms, following similar mega-raises by Anthropic and OpenAI.
Musk's company previously attracted $10 billion in mixed financing at a $150 billion valuation in July 2025, building on two $6 billion equity rounds from prominent backers including Sequoia Capital and Kingdom Holding Company. The new capital will likely fuel expansion of AI infrastructure, particularly data centers with advanced GPUs crucial for training large language models.
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