Elon Musk's xAI plants flag in Bellevue AI hotspot
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Elon Musk's xAI plants flag in Bellevue AI hotspot
"Elon Musk's artificial intelligence company xAI has leased a full floor at Lincoln Square South in downtown Bellevue, WA, as per city permit filings. The lease places xAI's new office in one of the region's fastest-growing tech hubs. Public records indicate that xAI leased roughly 24,800 square feet in Lincoln Square South. The location was previously occupied by video game company Epic Games. Lincoln Square South is part of the Bellevue Collection, which is owned by Kemper Development Co."
"xAI hinted at plans to open an office in the Seattle area back in September, when the startup posted job openings with salaries ranging from $180,000 to $440,000. At the time, the company had narrowed its location search to cities on the Eastside but had not finalized a lease. xAI's Bellevue expansion comes as Musk continues consolidating his businesses. Last week, SpaceX acquired xAI in a deal that valued the artificial intelligence startup at $250 billion."
xAI leased roughly 24,800 square feet — a full floor — at Lincoln Square South in downtown Bellevue, a space formerly occupied by Epic Games and part of the Bellevue Collection owned by Kemper Development Co. The lease was first referenced in January and later filings identified xAI as the occupant; xAI has not publicly commented. The company previously signaled Seattle-area plans when it posted high-paying job openings and had narrowed its search to Eastside cities. SpaceX recently acquired xAI in a deal valuing the startup at $250 billion; SpaceX is valued at about $1.25 trillion and employs roughly 2,000 local workers focused on Starlink. Bellevue is growing as an AI hub with major office expansions from OpenAI and firms like Crusoe and CoreWeave.
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