xAI is preparing to raise a major $10 billion investment with a $200 billion valuation.
It is reported that prominent investors such as Valor Capital, Qatar Investment Authority, and Kingdom Holding are participating in this funding round. The company has not yet officially commented on the news.
This marks the second major investment deal for xAI in recent months. Previously, in July 2025, the company was valued at $150 billion and raised $5 billion in funding. The rapid increase in valuation may be attributed to xAI’s release of its new and powerful AI models, Grok 4 and Grok Heavy. Independent tests reportedly show that the Grok 4 model outperforms competitors like o3, Gemini 2.5 Pro, and Claude 4 Opus. Grok Heavy, which Elon Musk himself has called “the smartest model in the world,” is also a key reason for the growing interest. It seems these innovations have captured the special attention of investors.