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Our Series B funding round of $6 billion with participation from key investors including Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, amongst others.
xAI has made significant strides over the past year. From the announcement of the company in July 2023, to the release of Grok-1 on X in November, to the recent announcements of the improved Grok-1.5 model with long context capability, to Grok-1.5V with image understanding, xAI’s model capabilities have improved rapidly. With the open-source release of Grok-1, xAI has opened doors for advancements in various applications, optimizations, and extensions of the model.
Elon Musk is creating companies that are turning the industry on its head. People are investing in them because they want to get rich and transform their lives for the good.
SpaceX is half the price of its competitors because they developed reusable boosters. Tesla cars are selling faster than they can build them and they are opening factory after factory. One analyst forecast they will be the number one American car manufacturer by the end of next year. Why would you not invest in them?