xAI Secures Record $20 Billion in Funding, Anthropic Hits $15 Billion Milestone

Recently Closed Funding Rounds

1. Anthropic
   • Funding Amount: Between $10 billion and $15 billion
   • Valuation: $350 billion
   • Details: Closed a significant funding round exceeding its original target, marking a major milestone in AI investment.
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2. OpenEvidence
   • Funding Amount: $250 million
   • Valuation: Doubled to $12 billion
   • Details: Focuses on training chatbots using data from scientific journals.
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3. Upscale AI
   • Funding Amount: $200 million
   • Funding Round: Series A
   • Details: Networking infrastructure startup.
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4. xAI
   • Funding Amount: $20 billion
   • Funding Round: Series E
   • Valuation: $230 billion
   • Details: Major investors include Nvidia, Cisco, and Fidelity.
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5. Skild AI
   • Funding Amount: $1.4 billion
   • Funding Round: Series C
   • Valuation: $14 billion
   • Details: Led by SoftBank, this startup's valuation tripled within seven months.
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Startups Currently Raising Funds

• ChatExcel
  • Funding Round: Pre-A and Series A
  • Details: Focuses on AI for data management, backed by Koala Fund and Heding Capital.
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Summary of Significant Fundraising Events

The AI funding landscape in January 2026 shows a robust increase in investor confidence, with major rounds highlighting the sector's growth. Notably, xAI's record-breaking $20 billion round demonstrates the strong capital influx into AI infrastructure and applications.

This summary captures the latest developments in AI startup funding, showcasing significant rounds and ongoing fundraising efforts as of January 29, 2026.