AI/ML

xAI

xAI raises $6B Series C at $50B valuation

$6B
Total Raised
Series C
Latest Round
2023
Founded
200+
Employees
San Francisco, CA
1 min read

Quick Facts

Valuation
$50B
Latest Round Size
$6B
Latest Round Date
November 2024

xAI: Series C Funding Round

xAI has successfully raised $6B in Series C funding, reaching a valuation of $50B.

Company Overview

AI research company building Grok

Funding Details

The Series C round was led by Sequoia Capital, with participation from Andreessen Horowitz, Qatar Investment Authority.

Company Information

  • Headquarters: San Francisco, CA
  • Founded: 2023
  • Employees: 200+
  • Category: AI/ML

Investment

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

About the Investors

  • Sequoia Capital: Verified investor in Series C
  • Andreessen Horowitz: Verified investor in Series C
  • Qatar Investment Authority: Verified investor in Series C

Key Investors

Sequoia Capital
Lead Investor
Verified investor in Series C
Andreessen Horowitz
Investor
Verified investor in Series C
Qatar Investment Authority
Investor
Verified investor in Series C

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources