20 Sep 2025 | 5 Mins Read
Elon Musk's AI startup xAI aims to raise $10 billion
Flipitmoney
xAI, an artificial intelligence startup, is reportedly raising $10 billion in a round valuing the company at $200 billion, according to CNBC. This comes after a similar round by Anthropic and valuations of $183 billion, $500 billion for OpenAI, and $80 billion for xAI after merging with X in March. xAI has been riddled with controversy over its chatbot, Grok.