tech
December 17, 2025
Series B funding round
xAI is pleased to announce our series B funding round of $6 billion.
TL;DR
- xAI successfully closed a $6 billion Series B funding round.
- Key investors include Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal, and Kingdom Holding.
- Significant progress has been made with AI models like Grok-1 and Grok-1.5V.
- Grok-1 has been open-sourced, enabling broader application and optimization.
- Funds will be used for product launches, infrastructure development, and R&D.
- xAI's mission is to develop truthful, competent, and beneficial AI systems.
- The company is actively hiring for various roles.
Continue reading
the original article