Funded Tech Companies
xAI
Headquartered in Burlingame, xAI raised its funding from NVIDIA, AMD and Valor Equity Partners.
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
7/1/2025
Financing History
Date
Type
Amount
Management Team
Company Investors
- NVIDIA
- AMD
- Valor Equity Partners
- BlackRock
- Lightspeed Venture Partners
- VY Capital
- Kingdom Holding
- Andreessen Horowitz
- Fidelity Ventures
- Sequoia Capital
- Morgan Stanley Bank
- Qatar Investment Authority
- Private Investors (Antonio Gracias)
- Private Investors (Luke Nosek)
- Fidelity Management & Research Company
- Private Investors (Alwaleed Bin Talal)
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