{"id":"936cbab5-ec38-40b3-92b0-fa6d7944192a","kind":"news","code":"936cbab5-ec38-40b3-92b0-fa6d7944192a","name":"xAI completed Series C financing of USD 6 billion, with a valuation of over USD 40 billion","nameBasis":"translated-title","summary":"On 2024-12-24, according to IT Zhijia, Musk’s xAI announced the completion of Series C financing of USD 6 billion. This round attracted participation from AZ, BlackRock, Fidelity, Kingdom Holdings, Lightspeed Venture Capital, MGX, Morgan Stanley, Sequoia Capital, etc. Nvidia and AMD are strategic investors, and the company’s valuation is over USD 40 billion. Funds will be used to expand computing infrastructure and train new models (16).","description":"","country":null,"category":null,"originalName":"xAI完成60亿美元C轮融资，估值超400亿美元","eventDate":"2024-12-24T00:00:00.000Z","website":"https://www.ithome.com/0/819/756.htm","sourceUpdatedAt":"2026-10-20T15:40:17.813Z","englishUpdatedAt":"2026-10-22T03:15:52.779Z","reviewedAt":"2026-10-22T03:15:52.779Z","snapshotAt":"2026-10-20T18:19:32.670Z","sourceHash":"f43373011d18e7704eaf2456913599161e6caa700a291f174e192fd2887bee29","companyId":"b8c749b3-2951-4087-a981-7299f2280738","foundedYear":null,"logoUrl":null,"transactionConsiderationUsd":null,"considerationLabel":null,"amountEstimateUsd":6000000000,"fundingEstimateUsd":6000000000,"fundingEstimateLabel":"$6B","originalText":"2024年12月24日，据IT之家报道，马斯克旗下xAI宣布完成60亿美元C轮融资，本轮吸引A16Z、贝莱德、富达、王国控股、光速创投、MGX、摩根士丹利、红杉资本等参投，英伟达与AMD为战略投资者，公司估值超400亿美元。资金将用于扩大算力基础设施与新模型训练。","sources":[{"url":"https://www.ithome.com/0/819/756.htm","publishedOn":"2024-12-24T00:00:00.000Z"}],"related":[{"id":"b8c749b3-2951-4087-a981-7299f2280738","kind":"companies","code":"UB-C1832","name":"xAI","nameBasis":"source-english","summary":"AI large model developer, its product Grok, 2026 was acquired by SpaceX and merged into SpaceXAI","description":"founded by Elon Musk in 2023 in 7, xAI is headquartered in San Francisco, and its core product is the large language model Grok and the construction of the Colossus computing power cluster. 2026 2 month SpaceX completed the acquisition of xAI in an all-stock transaction; 2026 year 5 month 7 day Musk official announced the dissolution of xAI, integrated into SpaceXAI, the new AI subdivision of SpaceX, Grok and X platform related AI business are also included.","country":"United States","category":null,"originalName":"xAI","eventDate":null,"website":"https://x.ai/","sourceUpdatedAt":"2026-10-05T00:00:00.000Z","englishUpdatedAt":"2026-10-26T00:47:48.274Z","reviewedAt":"2026-10-26T00:47:48.274Z","snapshotAt":"2026-10-26T00:38:57.480Z","sourceHash":"c8d2ca87874ef9a957f88f587585c723979e5b8dc61edfaf48f6e8337552d1cc","companyId":null,"foundedYear":2023,"logoUrl":"https://c.ux-cdn.com/1863156737900573-5aba7b40bf5e48ca8be5896e57b70eca/uniquebase%2Flogos%2Fcompany%2FrecuhmLGK0YtED%2F04fb242a4dc55b4ef84e3a237f9bbdfd4118936b4c9e0b2da316069dcf3d8233.png","path":"/companies/xai"}],"path":"/news/936cbab5-ec38-40b3-92b0-fa6d7944192a","structured":{"city":null,"country":null,"location":null,"role":null,"category":null,"company":{"name":"xAI","path":"/companies/xai"}},"canonical":"https://uniquebase.ai/news/936cbab5-ec38-40b3-92b0-fa6d7944192a"}