January 8, 2026

Elon Musk’s xAI raised $20 billion in funding.

The Series E round surpassed the $15 billion target, per a blog post, and xAI said that Grok 5 is in training and the company is “focused on launching innovative new consumer and enterprise products.” The news comes amid a widespread controversy in many countries over Grok’s ability to undress photos of women and children at a user’s request.