xAI Secures $20 Billion in Landmark Series E Funding, Valuing Company at $230 Billion

Recently Closed Funding Rounds

• xAI: Closed a significant Series E funding round, raising $20 billion from investors including Nvidia, Valor Equity Partners, and the Qatar Investment Authority. This round is one of the largest in the tech sector, valuing the company at approximately $230 billion. Source

Startups Currently Raising Funds

• Articul8: An enterprise AI company spun out of Intel, is reportedly halfway to raising $70 million at a $500 million pre-money valuation. Source
• Anthropic: In discussions to raise $10 billion at a $350 billion valuation. This would mark its third mega-round within a year. Source

Sizes of Recent AI Startup Funding Rounds

• xAI's Series E: $20 billion Source
• Articul8's Planned Round: $70 million Source
• Anthropic's Planned Round: $10 billion Source

Summary

The AI funding landscape remains dynamic, with significant rounds being closed and new funding efforts underway. xAI's recent $20 billion raise sets a high bar for the sector, while Articul8 and Anthropic are actively seeking substantial investments to fuel their growth.

For more details, you can check the provided sources or visit funding tracking websites for real-time updates.