Elon Musk is taking on ChatGPT — and xAI now has $20 billion more to do it
Cisco Investments and Nvidia were strategic investors in a newly announced funding round.
Last updated: 2026-01-08 12:51:46 ET
No hourly mention data available.
Cisco Investments and Nvidia were strategic investors in a newly announced funding round.
Nvidia is among the many investors, but xAI has not disclosed if these investments come in the form of equity or debt.
Elon Musk's AI said it raised $20 billion in new funding after CNBC reported in November that a financing round would value the company at about $230 ...
Users on X raised concerns over explicit content of minors being generated using Musk's Grok tool.
xAI has launched Grok Business and Grok Enterprise, positioning its flagship AI assistant as a secure, team-ready platform for organizational use. The...