xAI Raises Massive $20 Billion in Series E, Nvidia Joins to Build World's Largest GPU Clusters
JUST IN — Elon Musk's xAI has closed its Series E funding round with a staggering $20 billion, exceeding initial expectations of $15 billion. This landmark raise propels xAI's valuation into the stratosphere and cements its position as a frontrunner in the AI arms race.
A key highlight: Nvidia has been named a strategic investor, providing critical support for xAI's ambitious goal of constructing the world's largest GPU clusters. These supercomputing behemoths will power the next generations of Grok models, enabling unprecedented scale in training and inference.
This funding surge comes amid explosive demand for advanced AI infrastructure. With Nvidia's expertise in high-performance GPUs, xAI is poised to accelerate its mission: understanding the universe through maximally truthful and capable AI.
The AI landscape just got a lot more intense. 🚀
