xAI, the artificial intelligence company founded by Elon Musk, has raised $20 billion in a Series E funding round, significantly exceeding its initial $15 billion target. The raise positions xAI among the most heavily funded AI companies globally and underscores the accelerating arms race to build frontier-scale artificial intelligence infrastructure. The funding round attracted a … Continue reading Elon Musk’s xAI Raises $20bn Series E to Scale Grok and AI Supercomputers