Consorzi VC → xAI: $6B funds & debt
xAI closes $6 billion Series C. Round with a16z, BlackRock, Fidelity, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, QIA, Sequoia, Valor and Vy; Nvidia and AMD as strategic investors.
This deal is 4% of everything Consorzi VC pays and 4% of everything xAI receives in this database.
- Date
- Dec 23, 2024
- Paid by
Consorzi VC- Received by
xAI- Type
- Funds & debt
- Amount
- $6B
- Status
- closed
- Note
- Series C, valuation ~$45-50 billion
Sources
Press coverage
- Feb 14, 2025 The Information XAI in Talks for Financing at $75 Billion Valuation
All deals between Consorzi VC and xAI
- Dec 23, 2024 Consorzi VC → xAI · xAI closes $6 billion Series C $6B
- Sep 19, 2025 Consorzi VC → xAI · xAI raises $10 billion at $200 billion $10B
- Jan 6, 2026 Consorzi VC → xAI · xAI closes $20 billion Series E $20B
More Consorzi VC / xAI deals
- Oct 15, 2026 Lambda in talks for round of up to $4 billion before IPO $4B
- Sep 17, 2026 Crusoe raises $3.9 billion at about $31 billion valuation $3.9B
- Jul 13, 2026 Helsing raises $1.8B Series E $1.8B
- Jun 22, 2026 Reflection AI rents GPUs on Colossus 2 for $6.3 billion $6.3B
- Jun 6, 2026 Google pays SpaceX $920 million a month for AI compute $30B
- May 28, 2026 Anthropic Series H: $65 billion at $965 billion $65B
- May 6, 2026 Anthropic rents Colossus 1 from SpaceX/xAI $40B
- Apr 9, 2026 Reflection AI raises $2.5 billion $2.5B
- Mar 10, 2026 LeCun's AMI Labs raises $1.03B seed $1B
- Mar 9, 2026 Nscale closes Series C at $14.6 billion $2B
- Feb 25, 2026 Wayve raises $1.2B Series D $1.2B
- Feb 18, 2026 HUMAIN invests $3B in xAI $3B