The funds will be used to enhance its main products, the Eureka controller and the Eureka 3D camera.
The round, led by Dragon Fund and managed by Liquidity and MUFG, values the company at $2.1 billion.
Singapore leads the area with 74% of the complete financing, adhered to by THU DUC and Petaling Jaya.
The new funding brings xAI's total funding to $12 billion.
This notes the biggest AI-based funding to day, with Openai nearly increased considering that October 2024.
Build3, a social impact accelerator, led the investment with donations from schools and individual supporters.
Sign in to your account