xAI completes $20 billion Series E funding round, with strategic participation from NVIDIA and Cisco.

B.news
07 Jan 2026 09:40:37 AM
According to xAI's latest official announcement, its recently completed Series E financing round achieved results exceeding expectations.

xAI completes $20 billion Series E funding round, with strategic participation from NVIDIA and Cisco.

According to xAI's latest official announcement, its recently completed Series E financing round achieved results exceeding expectations.

Originally targeting $15 billion, the round garnered significant market recognition during the financing process, ultimately reaching $20 billion, significantly surpassing the initial goal. This round attracted participation from numerous top global investment institutions, including Valor Equity, Stepstone, Fidelity, the Qatar Investment Authority (QIA), and Baron Capital.

Of particular note is the participation of industry leaders NVIDIA and Cisco as strategic investors, further strengthening xAI's strategic synergy in AI computing power and infrastructure.

The funds raised will primarily be used to accelerate the construction of the world's largest GPU cluster and its supporting next-generation AI infrastructure, providing robust computing power support for the company's subsequent technology research and development and product deployment.

This infrastructure expansion will significantly enhance xAI's ability to train larger-scale and more complex models, laying a solid foundation for its long-term technological leadership.

Looking back at 2025, xAI achieved significant breakthroughs in several key business and technology areas: its Grok series models continued to iterate, with performance constantly improving; its intelligent voice assistant products gradually matured and were launched to the market;

significant progress was made in image generation technology; and xAI further deepened its ecosystem integration with the X platform (formerly Twitter), promoting the deep integration of AI functions and social experiences.

By the end of 2025, the total monthly active users of xAI's entire product and service line had exceeded 600 million, reflecting its rapid growth in technology implementation and user coverage.

Currently, the xAI team has started training its next-generation flagship model—Grok 5, which is expected to achieve further breakthroughs in inference capabilities, multimodal processing, and energy efficiency. Looking ahead, the company stated that it will continue to advance the development of its AI product matrix for both consumer and enterprise clients, deepen the application of its technology in real-world scenarios, and strive to build a more intelligent, integrated, and user-friendly AI ecosystem.

The success of this financing round and the continuous evolution of its technology signify that xAI is occupying an increasingly important position in the global AI competition landscape and injecting strong momentum into its next stage of development. (Source: PANews)