COMPANY INFO
The actual company name is X.AI Corp., doing business as xAI. It was founded in March 2023 by Elon Musk and Christian Szegedy. The company has over 1,200 employees as of 2025 and is headquartered in the San Francisco Bay Area, California. Its website is https://x.ai/. xAI operates in the artificial intelligence, social media, and technology industries. The company focuses on building advanced AI technologies to accelerate human scientific discovery and understanding of the universe. It develops AI products like Grok, an AI chatbot integrated with the X platform, aiming to create AI systems aligned with human values and capable of advanced reasoning.
X.AI Corp. is an artificial intelligence company founded in March 2023 by Elon Musk and Christian Szegedy. Headquartered in the San Francisco Bay Area, California, X.AI operates within the artificial intelligence, social media, and technology sectors. The company employs over 1,200 people as of 2025, with major offices in Palo Alto, San Francisco, London, and a cutting-edge R&D center in Memphis. X.AI focuses on building advanced AI technologies designed to accelerate human scientific knowledge and enable deeper understanding of the universe. Their flagship product, Grok, is an AI chatbot integrated into the X platform and represents the company’s mission to create aligned, human-centric AI systems.
X.AI Corp. funding history is impressive, positioning the company among the most well-financed AI startups globally. Over six funding rounds, X.AI has raised approximately $17.1 billion. This includes three early-stage, two late-stage, and one debt financing round. Key milestones in X.AI Corp. funding rounds include the $6 billion Series B in May 2024 and a $10 billion combined Series C and debt raise in July 2025, which fueled large-scale infrastructure build-outs and accelerated R&D for new AI models. X.AI’s funding strategy focuses on raising substantial capital to support ambitious infrastructure projects, rapid product development, and bold AI research initiatives—backed by world-class venture capital and institutional investors.
This debt round provided X.AI Corp. with substantial liquidity to support ongoing operations, growth initiatives, and further expansion of AI infrastructure.
The Series C funding enabled X.AI Corp. to accelerate the development of advanced infrastructure, ship groundbreaking AI products, and further R&D projects to push the boundaries of artificial intelligence and scientific discovery.
Series B funding was earmarked for bringing X.AI’s first products, including the Grok chatbot, to market, building large-scale computing infrastructure, and fast-tracking next-generation AI research and technology development.
A sovereign wealth fund from Qatar, the Qatar Investment Authority played a significant role in recent X.AI Corp. funding rounds, providing institutional support and credibility as X.AI scaled up its infrastructure and research efforts.
A notable venture capital firm, Valor Equity Partners led multiple X.AI Corp. investment rounds and has been instrumental in guiding funding strategy to ensure the company's rapid growth and technological leadership.
As one of the world’s most influential venture capital firms, Sequoia Capital has invested in several X.AI Corp. funding rounds, supporting both early and late-stage capital needs to drive product and R&D success.
Andreessen Horowitz is a renowned Silicon Valley venture capital firm, participating as a major investor in X.AI Corp. funding with a strong focus on AI, infrastructure, and innovation.
An investor contributing to X.AI Corp.'s capital raises, Stocklytics supports scaling product development and operational capacities.
A global investment company, Kingdom Holding Company led the $6 billion Series B round and has provided vital backing as X.AI Corp. accelerated its infrastructure and entry into the market.
As a key strategic investor, HEALWELL AI supports X.AI Corp. through capital investment and expertise in the artificial intelligence field.
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