xAI

xAI Raises $20B Series E

xAI successfully closed an upsized Series E funding round, raising $20 billion, exceeding its $15 billion target. This significant capital injection, supported by strategic investors like NVIDIA and Cisco Investments, will accelerate the company's infrastructure buildout, including its AI supercomputers, and fuel the development of transformative AI products like Grok 5.

xAI Announces $20 Billion Mississippi Data Center Investment Amid Expanding AI Operations

xAI committed over $20 billion to establish a new data center in Southaven, Mississippi, with operations slated to begin in February 2026. This massive investment underscores xAI's aggressive expansion strategy to bolster its compute capabilities and support its growing AI operations.

Tesla backs Musk's xAI with $2 billion, keeps Cybercab on 2026 track

Tesla provided $2 billion in backing to xAI, demonstrating a strong inter-company strategic alignment within Elon Musk's ventures. This financial support highlights a collaborative effort to advance AI development, potentially integrating xAI's capabilities into future Tesla projects like the Cybercab.

OpenAI wins dismissal of trade secret lawsuit by Musk's xAI

US judge dismisses Musk's xAI trade secret lawsuit against OpenAI

Judge Rita Lin dismisses Elon Musk's xAI trade secret case

Former xAI Staffer Says He Was Fired for Questioning Grok Safety

SpaceX IPO: Three Indian-origin xAI techies could become millionaires too