Source
Notes
Series E round of $20 billion (upsized from initial $15B target). Investors include Valor Equity Partners, StepStone Group, Fidelity Management & Research Co., Qatar Investment Authority, MGX, Baron Capital Group, NVIDIA, Cisco Investments, and Tesla (~$2B subject to regulatory approvals). Strategic investors NVIDIA and Cisco participated to support GPU infrastructure scaling.
Other Rounds by xAI
5| Round | Raised | Valuation | Lead Investor | Date |
|---|---|---|---|---|
| Debt Financing(convertible_note) | $5B | Morgan Stanley | Jul 2025 | |
| Series D(equity) | $5B | Jul 2025 | ||
| Series C(equity) | $6B | $50B | Dec 2024 | |
| Series B(equity) | $6B | $24B | Valor Equity Partners | May 2024 |
| Seed(equity) | $135M | Dec 2023 |