Topic: company valuation

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  • Elon Musk’s xAI Seeks $300M in New Funding Round
    June 3, 2025
    90%

    Elon Musk’s xAI Seeks $300M in New Funding Round

    Elon Musk's xAI is seeking $300 million in funding at a $113 billion valuation, following its $33 billion acquisition of X (formerly Twitter) last year. The share sale allows employees to sell stakes, potentially leading to a larger funding round with new equity for external investors. The fundra...

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  • Benchmark invests in Chinese AI startup Manus, valuing it at $500M
    April 25, 2025
    90%

    Benchmark invests in Chinese AI startup Manus, valuing it at $500M

    Manus AI, a Chinese AI agent tool startup, has raised $75 million in a funding round led by Benchmark, valuing the company at $500 million. The investment will enable Manus to expand its reach into key markets including the U.S., Japan, and the Middle East, following initial success. Following a ...

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