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41 days agoxAI Valuation Rockets to $200B Amid Reported $10B Raise
Elon Musk’s AI firm xAI is reported to have raised $10 billion, bringing its valuation up to about $200 billion. The funds are expected to support its data center expansion and secure high-performance GPUs from Nvidia and AMD for developing next-generation AI models. The investment also comes as the company builds Colossus, a massive supercomputer cluster in Tennessee, aiming to compete with giants like OpenAI and Anthropic. Despite market volatility, investor interest in frontier AI infrastructure remains strong.
positive
41 days agoxAI Valuation Rockets to $200B Amid Reported $10B Raise
Elon Musk’s AI firm xAI is reported to have raised $10 billion, bringing its valuation up to about $200 billion. The funds are expected to support its data center expansion and secure high-performance GPUs from Nvidia and AMD for developing next-generation AI models. The investment also comes as the company builds Colossus, a massive supercomputer cluster in Tennessee, aiming to compete with giants like OpenAI and Anthropic. Despite market volatility, investor interest in frontier AI infrastructure remains strong.
positive
xAI Valuation Rockets to $200B Amid Reported $10B Raise
about 1 month ago
1 min read
78 words
xAI raises $10B, valued at $200B, as it builds core infrastructure to compete with leading AI firms.
Elon Musk’s AI firm xAI is reported to have raised $10 billion, bringing its valuation up to about $200 billion. The funds are expected to support its data center expansion and secure high-performance GPUs from Nvidia and AMD for developing next-generation AI models. The investment also comes as the company builds Colossus, a massive supercomputer cluster in Tennessee, aiming to compete with giants like OpenAI and Anthropic. Despite market volatility, investor interest in frontier AI infrastructure remains strong.
Elon Musk’s AI firm xAI is reported to have raised $10 billion, bringing its valuation up to about $200 billion. The funds are expected to support its data center expansion and secure high-performance GPUs from Nvidia and AMD for developing next-generation AI models. The investment also comes as the company builds Colossus, a massive supercomputer cluster in Tennessee, aiming to compete with giants like OpenAI and Anthropic. Despite market volatility, investor interest in frontier AI infrastructure remains strong.
Companies:
xAI
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xAI
funding
xAI
funding
infrastructure
AI models
investor interest
Sep 20, 2025 • 17:09 IST