xAI raises $20 billion Series E

$20 billion Series E. Valor, StepStone, Fidelity, QIA, MGX, NVIDIA and Cisco Investments participated

Why it matters

Among the largest single rounds for an AI startup. The valuation was not disclosed in the announcement

Source — Primary sources first; secondary reports are labelled “Press”

Officialx.aihttps://x.ai/news/series-e

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