Elon Musk's xAI Raises USD 10 Bn to Power AI Ambitions
- by Entrepreneur on MSN.com
- Jul 02, 2025
- 0 Comments
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The funding comes as the AI industry sees a surge in investor interest. In March 2025, OpenAI raised USD 40 billion at a USD 300 billion valuation in a round led by Microsoft and SoftBank. Anthropic also secured USD 3.5 billion at a USD 61.5 billion valuation, backed by Lightspeed Venture Partners and others.
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