Part 8/14:
In 2023, AI startup XAI, founded by Elon Musk, rapidly scaled its operations, merging with social media platform X in 2024, and raising $20 billion largely from Nvidia. Its valuation has soared to approximately $200 billion. Similarly, French startup Mistro, starting with $117 million in 2021, reached a $14 billion valuation by 2023, emphasizing how fast valuations can escalate with continual investment.