ReferIndia News xAI Closes $20 Bn Funding Round to Accelerate Grok Training, Data Centres

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xAI Closes $20 Bn Funding Round to Accelerate Grok Training, Data Centres

Published on: Jan. 7, 2026, 11:35 a.m. | Source: Analytics India Magazine

Elon Musk’s xAI has raised $20 billion in an upsized Series E funding round, exceeding its initial $15 billion target, as the company scales its AI infrastructure and product development.

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