xAI announced that it has exceeded its target in Series E financing, raising a total of $20 billion.

On January 6 local time, xAI announced the completion of its Series E financing round, surpassing the previously set target of $15 billion and ultimately reaching $20 billion. Investors participating in this round of financing include Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, etc. Strategic investors NVIDIA and Cisco Investments also participated in this round of financing. They will continue to support xAI in expanding its computing infrastructure and building the world's largest GPU cluster. (Jiemian)