xAI raises $20B Series E at ~$230B valuation
**xAI**, Elon Musk's AI company, completed a massive **$20 billion Series E funding round**, valuing it at about **$230 billion** with investors like **Nvidia**, **Cisco Investments**, and others. The funds will support AI infrastructure expansion including **Colossus I and II supercomputers** and training **Grok 5**, leveraging data from **X's 600 million monthly active users**. At **CES 2026**, the focus was on "AI everywhere" with a strong emphasis on **AI-first hardware** and integration between **NVIDIA** and **Hugging Face's LeRobot** for robotics development. The **Reachy Mini** robot is gaining traction as a consumer robotics platform. In software, **Claude Code** is emerging as a popular local/private coding assistant, with new UI features in **Claude Desktop** and innovations like **Cursor's dynamic context** reducing token usage by nearly **47%** in multi-MCP setups. *"The 600 million MAU figure in xAI’s announcement combines X platform users with Grok users. That’s a clever framing choice."*