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Total Raised

$6.137B

Investors Count

14

Deal Terms

1

Funding, Valuation & Revenue

3 Fundings

xAI has raised $6.137B over 3 rounds.

xAI's latest funding round was a Corporate Minority for $2M on June 26, 2024.

xAI's valuation in May 2024 was $18,000 - $24,000M.

Date

Round

Amount

Investors

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Revenue

Sources

6/26/2024

Corporate Minority

$2M

$XXM

0

FY undefined

3

5/26/2024

Series B

$XXM

$18,000 - $24,000M

0

FY undefined

10

12/5/2023

Series A

$XXM

$XXM

0

FY undefined

10

Date

6/26/2024

5/26/2024

12/5/2023

Round

Corporate Minority

Series B

Series A

Amount

$2M

$XXM

$XXM

Investors

Valuation

$XXM

$18,000 - $24,000M

$XXM

Revenue

0

FY undefined

0

FY undefined

0

FY undefined

Sources

3

10

10

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xAI Deal Terms

1 Deal Term

xAI's deal structure is available for 1 funding round, including their Series B from May 26, 2024.

Round

Series B

Funding Date

$XXM

Pre-Money Valuation

$XXM

Post-Money Valuation

$XXM

Amount Raised

$XXM

Shares Authorized

Issuance Price

Dividend Rate

Liquidation Preferences

Liquidation Price

Participation

Conversion Price

Anti Dilution

General Voting

$XXM

Board Voting

$XXM

Par Value

Round

Funding Date

Pre-Money Valuation

Post-Money Valuation

Amount Raised

Shares Authorized

Issuance Price

Dividend Rate

Liquidation Preferences

Liquidation Price

Participation

Conversion Price

Anti Dilution

General Voting

Board Voting

Par Value

Series B

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

xAI Investors

14 Investors

xAI has 14 investors. Healwell AI invested in xAI's Corporate Minority funding round.

First funding

Last Funding

Investor

Rounds

Board Seats

Type

Location

6/26/2024

6/26/2024

1
Corporate Minority

Corporation

Canada

5/26/2024

5/26/2024

1
Series B

Investment Bank

Massachusetts

5/26/2024

5/26/2024

1
Series B

Venture Capital

United Arab Emirates

00/00/0000

00/00/0000

Ark Ventures

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Asset/Investment Management

New York

00/00/0000

00/00/0000

Alwaleed bin Talal

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Angel Investor (Individual)

Saudi Arabia

First funding

6/26/2024

5/26/2024

5/26/2024

00/00/0000

00/00/0000

Last Funding

6/26/2024

5/26/2024

5/26/2024

00/00/0000

00/00/0000

Investor

Ark Ventures

Alwaleed bin Talal

Rounds

1
Corporate Minority
1
Series B
1
Series B

Subscribe to see more

Subscribe to see more

Board Seats

Type

Corporation

Investment Bank

Venture Capital

Asset/Investment Management

Angel Investor (Individual)

Location

Canada

Massachusetts

United Arab Emirates

New York

Saudi Arabia

CB Insights
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  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
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Compare xAI to Competitors

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OpenAI

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Cohere

Cohere operates as a natural language processing (NLP) company. It offers services that enable businesses to integrate artificial intelligence (AI) into products, with capabilities such as generating text for product descriptions, blog posts, and articles, understanding the meaning of text for search and content moderation, and creating summaries of text and documents. It primarily serves the enterprise sector, providing AI solutions that can be customized to suit various use cases, domains, or industries. It was founded in 2019 and is based in Toronto, Canada.

Inflection Logo
Inflection

Inflection is an artificial intelligence(AI) studio focused on developing conversational artificial intelligence. The company offers a personal AI named Pi, designed to be supportive and empathetic, providing users with a new class of digital experiences. Inflection primarily serves individuals seeking personal AI interactions. It was founded in 2022 and is based in Palo Alto, California.

0
01.AI

01.AI provides open-source AI models and applications that support human productivity. Its offerings include open-source and proprietary language models capable of processing text in multiple languages, with a particular emphasis on English and Chinese. 01.AI primarily serves the technology and platform development sectors with a vision of integrating AI. The company was founded in 2023 and is based in Haidian, China.

Hugging Face Logo
Hugging Face

Hugging Face focuses on advancing artificial intelligence through collaboration in the technology sector. It provides a platform for machine learning professionals to build, share, and collaborate on models, datasets, and applications. The company offers solutions that cater to various modalities, including text, image, video, audio, and 3D, as well as enterprise-grade services for teams requiring advanced AI tooling with enhanced security and support. It was founded in 2016 and is based in Paris, France.

AI21 Labs Logo
AI21 Labs

AI21 Labs operates as an artificial intelligence (AI) lab and product company. The company offers a range of AI-powered tools, including a writing companion tool to assist users in rephrasing their writing, and an AI reader that summarizes long documents. It also provides language models for developers to create AI-powered applications. It was founded in 2017 and is based in Tel Aviv-Yafo, Israel.

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