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
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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.
