Is xAI a neocloud now? | TechCrunch
… As recently as the February all-hands , xAI had real ambitions in software. …
… As recently as the February all-hands , xAI had real ambitions in software. …
… While AI competitors OpenAI and Anthropic are also eyeing public debuts in 2026, SpaceX’s is expected to be one of the largest in history with a potential $1.75 trillion valuation. …
… The thing to understand here is not particularly complex: Musk has spent billions building a chatbot that is not very good, not very popular, and somehow key to justifying SpaceX’s astronomical valuation. …
… Retrieved January 14, 2026 . ^ "Anthropic raises $30 billion in Series G funding at $380 billion post-money valuation" . www.anthropic.com . Retrieved February 15, 2026 . ^ "Anthropic clinches US$380 billion valuation after US$30 billion funding round" . …
… OpenAI’s most recent funding round gave it a valuation of more than $850 billion. Granted, valuations are more art than science, but it’s also the case that if OpenAI were to IPO with that valuation, it would be valued at 28 times its projected 2026 revenue. …
… You could have a more robust set of national security review mechanisms for the kinds of Middle Eastern infrastructure ambitions that Sam Altman was pushing. …