xAI raises $20B Series E to scale Grok and build world’s largest AI infrastructure
xAI raises $20B Series E to scale Grok and build world’s largest AI infrastructure
Crypto
8 months ago 836 Views 05 Comment 1.5k Share
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Key Takeaways
xAI raised $20 billion in an oversubscribed Series E, exceeding its $15B target and securing backing from Valor, Fidelity, Qatar Investment Authority, NVIDIA, and Cisco.
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