Elon Musk's xAI Raises $20 Billion In Funding From Nvidia, Qatar Investment Authority, Others
Published on: Jan. 7, 2026, 11:39 a.m. | Source: Free Press Journal
Elon Musk’s AI startup xAI has raised $20 billion from investors including Nvidia and Qatar Investment Authority to scale AI infrastructure, data centres and products. The firm plans massive Nvidia chip deployments amid heavy cash burn. Meanwhile, India’s MeitY directed X Corp to report steps to curb obscene AI-generated content on its platform.
