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JonathanJackson
JonathanJackson
January 6, 2026

Elon Musks AI firm xAI raised 20 billion in a Series E round from investors including Valor Equity Partners Fidelity and strategic backers like Nvidia and Cisco It will use the funds to expand data centers and its Grok chatbot The company is now under investigation in multiple countries after Grok was used to generate child sexual abuse material and nonconsensual deepfakes

Elon Musks AI firm xAI raised 20 billion in a Series E round from investors including Valor Equity Partners Fidelity and strategic backers like Nvidia and Cisco It will use the funds to expand data centers and its Grok chatbot The company is now under investigation in multiple countries after Grok was used to generate child sexual abuse material and nonconsensual deepfakes
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