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One-stop lending hub
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Customized wealth management empowers your assets growth
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Quant Fund
Top asset management team helps you profit without hassle
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Stake cryptos to earn in PoS products
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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xAI raised $6.6 billion in funding in 2024, and this week completed a $20 billion Series E funding round. However, according to Bloomberg reports, it has burned through $7.8 billion in just the first three quarters of 2025, roughly estimating that $10.4 billion was spent on AI for the entire year of 2025.
In comparison, this week MiniMax and Zhipu, which just went public in Hong Kong stocks, have market values of approximately $23 billion and $9 billion, respectively. This is equivalent to xAI burning through the entire Zhipu in one year.