Founded Year

2023

Stage

Loan | Alive

Total Raised

$22.437B

Last Raised

$5B | 12 days ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+55 points in the past 30 days

About xAI

xAI focuses on artificial intelligence, specifically in the domain of language learning models. The company's main product, Grok, is designed to answer questions and suggest potential inquiries, functioning as a research assistant that helps users find information online. xAI primarily caters to the artificial intelligence (AI) research community and the general public seeking AI tools for information retrieval and understanding. It was founded in 2023 and is based in Palo Alto, California.

Headquarters Location

1450 Page Mill Road

Palo Alto, California, 94304,

United States

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Expert Collections containing xAI

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

xAI is included in 4 Expert Collections, including Generative AI.

G

Generative AI

2,272 items

Companies working on generative AI applications and infrastructure.

U

Unicorns- Billion Dollar Startups

1,277 items

A

Artificial Intelligence

9,913 items

A

AI agents

374 items

Companies developing AI agent applications and agent-specific infrastructure. Includes pure-play emerging agent startups as well as companies building agent offerings with varying levels of autonomy. Not exhaustive.

xAI Patents

xAI has filed 1 patent.

The 3 most popular patent topics include:

  • artificial neural networks
  • bioinformatics
  • classification algorithms
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/13/2024

Machine learning, Classification algorithms, Statistical classification, Artificial neural networks, Bioinformatics

Application

Application Date

2/13/2024

Grant Date

Title

Related Topics

Machine learning, Classification algorithms, Statistical classification, Artificial neural networks, Bioinformatics

Status

Application

Latest xAI News

Musk's xAI raises $10 billion through debt and equity financing

Jul 1, 2025

Musk's xAI raises $10 billion through debt and equity financing 2025-07-01 08:49:09 ChainCatcher news, according to The Information, Morgan Stanley stated that Elon Musk's xAI company has raised $5 billion in equity funding in addition to $5 billion in debt financing. Morgan Stanley is the advisor for this debt transaction but did not disclose the specific names of the debt or equity investors. xAI raised $6 billion last December from investors including Andreessen Horowitz, BlackRock, Lightspeed Venture Partners, and MGX to build AI data centers and improve its ChatGPT-like product Grok. Subsequently, xAI acquired Musk's social media company X in an all-stock transaction, with the merged company's valuation reaching $113 billion. According to a knowledgeable source, this debt financing includes: $3 billion in bonds with a yield of 12.5%, a $1 billion fixed-rate term loan with an interest rate of 12.5%, and a $1 billion term loan with an interest rate of 7.25 percentage points above the benchmark rate, sold at a discount of 96 cents per dollar.

xAI Frequently Asked Questions (FAQ)

  • When was xAI founded?

    xAI was founded in 2023.

  • Where is xAI's headquarters?

    xAI's headquarters is located at 1450 Page Mill Road, Palo Alto.

  • What is xAI's latest funding round?

    xAI's latest funding round is Loan.

  • How much did xAI raise?

    xAI raised a total of $22.437B.

  • Who are the investors of xAI?

    Investors of xAI include Morgan Stanley, Telegram, Sequoia Capital, VY Capital, Andreessen Horowitz and 24 more.

  • Who are xAI's competitors?

    Competitors of xAI include OpenAI, Lila Sciences, Aleph Alpha, Letta, 01.AI and 7 more.

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