XAI raises $10B at $200B valuation: CNBC

XAI raises $10B at $200B valuation: CNBC

XAI, a leading artificial intelligence (AI) company, has secured a significant funding round, raising $10 billion at a post-money valuation of $200 billion. The funding was led by a group of investors including Parkway Venture Capital LLC, Brookfield Corporation, Macquarie Group Limited, LG Technology Ventures USA, Inc., Salesforce, Inc., T-Mobile Ventures, Qualcomm Ventures LLC, NVIDIA Corporation, Intel Capital Corporation, Align Ventures Special Opportunity GP SPV I, LLC, Tamarack Global Manager LLC, and others .

The funding round is a testament to the growing interest in AI-native devices and technologies. XAI plans to use the fresh capital to accelerate its innovation roadmap and expand distribution, aiming to launch its first AI-integrated products in 2026. These products will initially include smartphones, audio products, and smartwatches, with plans to expand into smart glasses, robotics, and electric vehicles .

The company's ambitious plans align with its vision of creating hyper-personalized operating systems. Carl Pei, CEO and co-founder of XAI, stated, "We see a future where operating systems are significantly different from the ones today. Each system will know its user deeply, and be hyper-personalized to each individual" .

XAI's latest funding round also marks a significant milestone in its growth journey. Founded in 2020, the company has already crossed $1 billion in total sales as it entered 2025, with 150% growth recorded in 2024. The company is also planning to launch a community funding round, allowing retail supporters to participate in its growth .

This substantial funding round underscores the confidence investors have in XAI's potential to lead the future of AI-native devices and technologies.