Round · Equity Round · Closed

xAI Series C

xAI closed a $6 billion Series C round. NVIDIA and AMD took part as strategic investors.

Announced Dec 23, 2024Reviewed Oct 21, 2026Event ID evt_xai_series_c_2024

Series C equity
$6B
Closed · xAI

Amounts

Each number with its type, status and the sentence it comes from

AmountValueStatusSource
Series C equityEquity raised · to xAI
“We have closed our Series C funding round of $6 billion with participation from key investors including A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, amongst others.”
$6BClosedxAI ↗

Participants

Amounts per investor are shown only when a source states them

OrganizationRoleTypeNote
xAIIssuerAI lab—
Andreessen HorowitzInvestorVenture capitalNamed as A16Z
FidelityInvestorAsset managerNamed as Fidelity Management & Research Company
Lightspeed Venture PartnersInvestorVenture capitalNamed as Lightspeed
MGXInvestorSovereign—
Sequoia CapitalInvestorVenture capital—
NVIDIAStrategicChips—
AMDStrategicChips—

Key terms

Named investors
A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, among others. xAI ↗
“We have closed our Series C funding round of $6 billion with participation from key investors including A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, amongst others.”
Strategic investors
NVIDIA and AMD invested as strategic investors. xAI ↗
“Strategic investors NVIDIA and AMD also participated and continue to support xAI in rapidly scaling our infrastructure.”

Sources

  1. xAI, “xAI raises $6B Series C”, Dec 23, 2024 · retrieved Oct 21, 2026

Corrections: none. Found an error? Report it.