Latest Startups & Entrepreneurship News
📅January 13, 2026 at 1:00 AM
Major startup funding surges in AI, biotech, agritech, and climate tech globally, with xAI's $20B round leading amid strong investor optimism for 2026.
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xAI Secures Massive $20B Funding Round
Burlingame-based xAI, founded by Elon Musk and team in 2023, raised $20B in a Series E round, bringing total funding to $37.7B. Backers include NVIDIA, Qatar Investment Authority, and Fidelity. The AI startup focuses on enhancing reasoning and search capabilities.