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flag xAI raises $15B, hitting $200B valuation to build Colossus supercomputer and boost AI.

flag Elon Musk’s AI company xAI has reportedly raised $15 billion in a Series E funding round, bringing its total funding to $25 billion and maintaining a $200 billion valuation, according to CNBC and other outlets. flag The funds will support the construction of the Colossus supercomputer in Memphis and the purchase of graphics processing units to train advanced AI models. flag Despite Musk previously denying fundraising efforts, the investment highlights strong investor interest in xAI’s bid to compete with OpenAI and Anthropic. flag The company has dismissed media reports as “legacy media lies,” while Nvidia is reportedly involved in a broader $20 billion funding initiative.

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