xAI nets $20bn in oversubscribed Series E as Nvidia and Cisco place strategic bet

Technext24 | 07-01-2026 09:12pm |

Elon Musk’s AI company xAI has closed an upsized Series E round that raised $20 billion. The sum...The post xAI nets $20bn in oversubscribed Series E as Nvidia and Cisco place strategic bet first appeared on Technext.

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