A 1∞ form. We reduce to the standard limit (1+t1)t→e with the substitution t=2x (so x2=t1 and x=2t, with t→+∞):
(1+x2)x=(1+t1)2t=[(1+t1)t]2→e2.
Hence the limit is e2.
Alternatively, with the trick AB=eBlnA: the exponent is xln(1+x2)∼x⋅x2=2, whence e2.