Elon Musk's xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity

Elon Musk's AI said it raised $20 billion in new funding after CNBC reported in November that a financing round would value the company at about $230 billion.

# Elon Musk's xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity Elon Musk's AI said it raised $20 billion in new funding after CNBC reported in November that a financing round would value the company at about $230 billion. **Read the full article:** [CNBC](https://www.cnbc.com/2026/01/06/elon-musk-xai-raises-20-billion-from-nvidia-cisco-investors.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*