PANews reported on January 7th that xAI's Series E funding round exceeded its initial target of $15 billion, raising a total of $20 billion. Participants includedPANews reported on January 7th that xAI's Series E funding round exceeded its initial target of $15 billion, raising a total of $20 billion. Participants included
xAI completes $20 billion Series E funding round, with strategic participation from NVIDIA and Cisco.
PANews reported on January 7th that xAI's Series E funding round exceeded its initial target of $15 billion, raising a total of $20 billion. Participants included Valor Equity, Stepstone, Fidelity, the Qatar Sovereign Wealth Fund, and Baron, with strategic investors including NVIDIA and Cisco. The funding will accelerate the construction of the world's largest GPU cluster and AI infrastructure. By 2025, xAI aims to achieve breakthroughs in Grok models, voice assistants, image generation, and X platform integration, reaching 600 million monthly active users. The Grok 5 model is currently being trained, and the company will continue to develop AI products for consumers and enterprises.
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