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xAI raised a $6B Series C from a16z, BlackRock, Fidelity, Kingdom Holdings, Sequoia, Nvidia, and others, at a reported valuation of at least $40B

Elon Musk's xAI announced Monday it raised $6 billion in a Series C funding round, putting the company's value at more than $40 billion …

Forbes Antonio Pequeño IV

Discussion

  • @sawyermerritt Sawyer Merritt on x
    NEWS: Elon Musk's @xAI has just officially announced the closing of their Series C funding round of $6 billion. “xAI's most powerful model yet, Grok 3, is currently training. The funds from this financing round will be used to further accelerate our advanced infrastructure, ship …
  • @autismcapital @autismcapital on x
    🚨 ICYMI: xAI raised their $6 billion Series C. Grok 2 currently runs on 100,000 Nvidia hopper GPUs. That number will soon be 200,000 GPUs, a breakthrough for the industry, and eventually 1M GPUs. The Series C gets xAI even closer to Grok 3. We're living in exciting times 🔥 [image…
  • @elonmusk Elon Musk on x
    “We are gonna need a bigger compute!” @xAI https://x.com/...
  • @silvermanjacob Jacob Silverman on x
    Kingdom Holdings = Saudi government. a16z and Sequoia have received Saudi investment (though sometimes Sequoia China is listed as the recipient).
  • @rpoo Ross on x
    We said we'd do a few things since our last raise and we did them 1. Build Colossus the largest GPU cluster - 100k and soon doubling to 200k 2. Release our frontier model Grok 2 we're excited this funding unlocks new compute and enables us to focus on releasing useful products
  • @amitisinvesting Amit on x
    BREAKING: Elon Musk's xAI has officially raised a Series C $6B round of financing. Along with major Venture Capital firms, Nvidia was part of the round. This makes a TON of sense for $NVDA. They get paid if xAI continues to build better models because they will continue to [image…
  • @martymadrid @martymadrid on x
    xAI, which is powered by Twitter data, is now worth more than the Twitter acquisition itself. Whoever didn't understand how obvious that dataset was, is consistently two-steps behind. https://x.ai/...
  • @drjimfan @drjimfan on x
    There's speed of light, and there's speed of Elon: “Colossus was fully operational in 122 days and started running workloads just 19 days after the first servers were delivered. Soon, xAI will double to 200K NVIDIA Hopper GPUs with NVIDIA Spectrum-X Ethernet networking.” 1.
  • @xai @xai on x
    Announcing our Series C of $6B to accelerate our progress Investors participating include a16z, Blackrock, Fidelity, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia, AMD, among others
  • @linusekenstam Linus Ekenstam on x
    Elon Musks Xai raised $12 billion dollars in 7 months. This must be some sort of record... [image]