xAI
x.ai
Enterprise Software
Founded: 2023
Last Round Valuation: $24B
xAI is an artificial intelligence (AI) company that focuses on developing explainable and transparent AI systems. Leveraging advanced AI techniques, xAI aims to create AI models that can provide clear explanations for their decisions and outputs, enhancing trust and accountability in AI-powered applications across various industries.
xAI Overview:
xAI, founded by Elon Musk in 2023, is a cutting-edge artificial intelligence company with a mission to deepen human understanding of the universe. The company is actively developing AI technologies to accelerate scientific discovery. Musk's vision for xAI includes tackling some of the most complex and fundamental scientific questions using AI.
The company has been aggressive in its development timeline. Shortly after its founding, xAI introduced Grok, a conversational AI, followed by several updates and new models aimed at enhancing AI's capability in reasoning and integrating different data types such as text and images. xAI's team comprises top talents who have contributed to significant advancements in AI, including the development of foundational models and technologies.
In collaboration with X Corp, xAI aims to bring its technology to a broader audience, leveraging more than 500 million users of the X app. This wide-reaching impact is part of xAI's strategy to integrate AI more deeply into everyday tech interactions and improve the functionality and accessibility of AI tools globally.
Founders:
Elon Musk
Top Investors:
Funding Rounds
Round | Date | Post Money Val | Amount Raised | Price per Share |
---|---|---|---|---|
Series B | 2024-05-09 | $25.00B | $7.00B | $11.97 |
Early Stage VC | 2024-01-10 | $134.68M |
In the News:
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