Funded Tech Companies
xAI
xAI, based in Burlingame, raised money through private investors, Valor Equity Partners and Andreessen Horowitz.
Company Overview
Company Name
xAI
Company Status
Private & Independent
Industry
Funding Rounds
Total Funding
Contact Information
Mailing Address
216 Park Road
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Undisclosed
Website
Email Address
Company Background Information
Overview
xAI is a company working on building artificial intelligence to accelerate human scientific discovery. We are guided by our mission to advance our collective understanding of the universe. Our team is led by Elon Musk, CEO of Tesla and SpaceX. Collectively our team contributed some of the most widely used methods in the field, in particular the Adam optimizer, Batch Normalization, Layer Normalization, and the discovery of adversarial examples.
Last Transaction
4/25/2025
Financing History
Date
Type
Amount
Management Team
Company Investors
- Private Investors (Antonio Gracias)
- Private Investors (Luke Nosek)
- Valor Equity Partners
- Andreessen Horowitz
- Sequoia Capital
- Fidelity Management & Research Company
- VY Capital
- Kingdom Holding
- Private Investors (Alwaleed Bin Talal)
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