xAI (XAAI.PVT)
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Learn More- Estimated Valuation 91.43B
- Latest Funding Date Dec 23, 2024
- Total Amount Raised 12.13B
- Latest Amount Raised 6B
- Total Funding Rounds 3
- Latest Share Class Series C
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xAI is an artificial intelligence company focused on developing advanced AI technologies with the goal of understanding and aligning AI systems with human values. The company aims to create AI that addresses concerns related to advanced AI models. xAI's core product offering is Grok-2 an AI language model which is offered to premium users on the X platform. The company was founded by Elon Musk and is part of Musk's broader vision for AI development. xAI was founded in 2023 and is headquartered in San Francisco, CA. Notable investors include Valor Equity Partners, Sequoia Capital, VR Ventures and Andreessen Horowitz.
2023-03-09
Founded
11
Full Time Employees
Artificial Intelligence
Sector
Artificial Intelligence (AI), Generative AI, Information Technology, Machine Learning
Industry
Leadership and Board
Christian Szegedy
Co-Founder & AI Researcher
Elon Musk
Founder
Recent News: XAAI.PVT
Performance Overview: XAAI.PVT
Trailing returns as of 5/8/2025. Benchmark is Forge Private Market Index (^FPMI) .
3M Return
YTD Return
1-Year Return
2-Year Return
Valuation Information
Funding Rounds
Forge Data collects the preferred stock details for companies from the Certificates of Incorporation and related documents filed with relevant state's agencies. These documents authorize the various equity types available for companies to sell in primary funding rounds.
Funding Rounds
Forge Data collects the preferred stock details for companies from the Certificates of Incorporation and related documents filed with relevant state's agencies. These documents authorize the various equity types available for companies to sell in primary funding rounds.
Post-Money Valuation
Jan
2024
Mar
2024
May
2024
Jul
2024
Aug
2024
Oct
2024
Funding Date | Share Class | Amount Raised | Issue Price | Post-Money Valuation |
|---|---|---|---|---|
| 2024-12-23 | Series C | 6B | 21.65 | 50B |
| 2024-05-26 | Series B | 6B | 11.97 | 24B |
| 2023-11-29 | Series A | 67.34M | 1 | 673.4M |
| 2023-11-29 | Series A-1 | 67.34M | 1 | 673.4M |