January 18, 2026
xAI Raises $20 Billion in Series E to Accelerate AI Expansion

xAI, the artificial intelligence company founded by Elon Musk, has raised $20 billion in an upsized Series E funding round, exceeding its initial $15 billion target. The round included investors such as Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX…
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