Series B Round
Funding Details
Funding raised to support the growth and development of xAI, a startup focused on developing advanced artificial intelligence technologies. The funds will be utilized for research and development, scaling operations, and expanding market reach. This funding round marks a significant milestone for xAI as it continues to innovate in the AI space, aiming to enhance its product offerings and increase its competitive edge. The investment will also help xAI to attract top talent and strengthen its position in the rapidly evolving AI landscape. With this round, xAI aims to solidify its presence in the market and compete with leading AI companies. The participation of notable investors underscores the confidence in xAI's vision and potential.
Valuation
- Post-money: $24000.0M
Confidence Score
Participating Investors
a16z CSX is a startup accelerator program by a16z focused on supporting early-stage crypto and web3 companies. It connects founders with capital, indu...
BlackRock Inc. is a global investment management corporation founded in 1988. It is the largest asset manager in the world, with a focus on investment...
NVIDIA is a global leader in artificial intelligence (AI) and graphics processing technology, investing in innovative startups that align with its str...
Leading global venture capital firm focusing on technology investments, Sequoia Capital has a rich history of partnering with innovative companies fro...
Related Tweets
No tweets found for this funding round.
Other Data Sources
1Exa Round Data
Apr 21, 2025Exa Enrichment History
1Fields Updated
Enrichment Details
- Post Money Valuation
- 24B
- Investors
-
- Valor
- a16z
- Sequoia
- Description
- xAI is focused on developing advanced artificial intelligence technologies.
- Stage
- Series B
- Enrichment History
-
- {'updated_at': '2025-04-24T16:06:58.124542', 'fields_updated': {'investors': True, 'post_money_valuation': True, 'description': True, 'stage': True}, 'query_used': 'xAI Series B funding round investment valuation', 'sources_count': 5}
Source URLs
- https://news.crunchbase.com/ai/xai-raises-series-b-unicorn-musk/
- https://news.crunchbase.com/venture/ai-leads-biggest-funding-rounds-xai-anthropic/
- https://techcrunch.com/2024/05/26/elon-musks-xai-raises-6b-from-valor-a16z-and-sequoia/
- https://techcrunch.com/2024/05/26/elon-musks-xai-raises-6b-from-valor-a16z-and-sequoia/
- https://news.crunchbase.com/venture/biggest-rounds-november-2024-xai-anthropic/