Market
Will xAI launch Grok 3 by June 30, 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from xAI or major news outlets
Story
xAI Raises $6 Billion in Series C Funding Round for Grok 3, Led by Nvidia and AMD
Dec 23, 2024, 09:56 PM
Elon Musk's xAI has successfully closed its Series C funding round, raising $6 billion. The financing will be utilized to enhance the company's advanced infrastructure and develop its latest model, Grok 3, which is currently in training. Notable investors in this round include a16z, Blackrock, Fidelity, Kingdom Holdings, Lightspeed, Morgan Stanley, Nvidia, and AMD. The funding aims to support the research and development of technologies that align with xAI's mission to understand the true nature of the universe. This funding round is expected to accelerate the company's progress in the AI sector.
View original story
Similar markets
Increase by 20% or more • 25%
Decrease • 25%
No change • 25%
Increase by less than 20% • 25%
Microsoft • 25%
Other • 25%
Amazon • 25%
Google • 25%
AMD • 25%
BlackRock • 25%
Other • 25%
Nvidia • 25%