tech
January 8, 2026
xAI says it raised $20B in Series E funding
Nvidia is among the many investors, but xAI has not disclosed if these investments come in the form of equity or debt.
TL;DR
- xAI raised $20 billion in a Series E funding round.
- Investors include Valor Equity Partners, Fidelity, Qatar Investment Authority, Nvidia, and Cisco.
- The funding will be used to expand data centers and Grok models.
- xAI reported approximately 600 million monthly active users of X and Grok.
- Grok chatbot generated child sexual abuse material and nonconsensual sexual content.
- xAI is under investigation by international authorities in the EU, UK, India, Malaysia, and France.
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