AI/ML

xAI

xAI raises $6B Series B at $24B valuation

$6B
Total Raised
Series B
Latest Round
2023
Founded
150+
Employees
San Francisco, CA
1 min read

Quick Facts

Valuation
$24B
Latest Round Size
$6B
Latest Round Date
May 2024

xAI: Series B Funding Round

xAI has successfully raised $6B in Series B funding, reaching a valuation of $24B.

Company Overview

Generative AI startup building truthful and curious AI systems

Funding Details

The Series B round was led by Valor Equity Partners, with participation from Andreessen Horowitz, Sequoia Capital.

Company Information

  • Headquarters: San Francisco, CA
  • Founded: 2023
  • Employees: 150+
  • Category: AI/ML

Investment

xAI plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Valor Equity Partners: Verified investor in Series B
  • Andreessen Horowitz: Verified investor in Series B
  • Sequoia Capital: Verified investor in Series B

Key Investors

Valor Equity Partners
Lead Investor
Verified investor in Series B
Andreessen Horowitz
Investor
Verified investor in Series B
Sequoia Capital
Investor
Verified investor in Series B

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources