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xAI

DeepSeries B

Building AI to understand the universe

🌐 x.aiLinkedInX / Twitter📍 TXEst. 2023👥 51-200 employees
1Rounds
5Articles
General InformationxAI is an AI research company based in Texas, founded in 2023 by Elon Musk, with 51-200 employees focused on developing advanced reasoning-based language models
Funding & FinancialsxAI has raised approximately $6 billion in funding including a Series B round in 2024, with backing from major investors including Sequoia Capital and Saudi PIF
Leadership & TeamCEO and founder Elon Musk leads xAI, with experienced AI researchers and engineers from Tesla, OpenAI, DeepMind, and other leading AI organizations on the team
Recent ActivityxAI released Grok, a conversational AI assistant with real-time information access integrated with X platform, and announced plans to build specialized AI chips to reduce computational dependencies

Highlights

Total Raised
1 rounds
Latest Round
$20
May 13, 2026
Stage
Series B
deep-tech
Employees
51-200
Founded 2023
Headquarters
TX
News Coverage
5 articles
Last: 11d ago
Talent Signals
SEC Filings

Backers

Fidelity
Qatar Investment Authority
Valor Equity Partners

Funding History

$20
2026
Series E
SEC Form D   Editorial
May 13, 2026
$20 billionSeries E · Editorial

Investors: Valor Equity Partners, Fidelity, Qatar Investment Authority

Elon Musk's AI research lab xAI announced a $20 billion Series E round.

News Coverage 5

Deep11d ago

Google DeepMind ships whole-body robot AI to 100+ partners

Google DeepMind's Gemini Robotics 2 gives humanoid robots full-body control for the first time, setting a new capability and safety benchmark that will determine which hardware platforms win commercial deployment.

Deep1mo ago

Huawei pushes Ascend chips into Latin America, accelerates 950DT launch

Huawei is deploying its Ascend AI processors in Latin America while accelerating its next-gen 950DT chip to August, directly challenging Nvidia's regional dominance and U.S. export controls.

Defense3mo ago

Pentagon deploys eight frontier AI firms to classified networks, cuts Anthropic out

The DoD announced May 1 deals with OpenAI, Google, Microsoft, AWS, NVIDIA, SpaceX, Oracle, and Reflection AI for classified network deployment, formally excluding Anthropic after the company refused unrestricted military use of Claude.

Deep3mo ago

Meta and Broadcom Lock in 1GW Custom AI Silicon Through 2029

Meta and Broadcom announced a multi-year partnership on custom MTIA chips through 2029, committing to deploy 1 gigawatt initially with plans to scale to multiple gigawatts by 2027. The chips will be the industry's first 2nm AI accelerators, shifting the inference market away from Nvidia.

Space4mo ago

SpaceX Files for IPO: $1.75 Trillion Valuation, National Security Moat

SpaceX submitted a confidential IPO filing to the SEC on April 1, seeking a $1.75 trillion valuation and up to $75 billion in capital. The filing values a merged aerospace-AI enterprise built on military launch dominance and Starlink's near-10-million-user base.

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