Beat the Market With Our Free Pre-Market Newsletter Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter Comments See Also: Tesla Shorts, Gordon Johnson, And James Chanos Express Skepticism On Robotaxi Potential Amid Usage Data Debate: The ‘Promise’ Worth Much More Than Reality Why It Matters: The funding announcement coincides with xAI’s expansion of its chatbot Grok’s availability. Previously exclusive to paying subscribers of X, formerly known as Twitter, Grok is now being tested as a standalone iOS app and will be accessible through Grok.com. The chatbot features real-time web access and generative AI capabilities, including text rewriting and image generation. Additional investors in the round include Andreessen Horowitz, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, Sequoia Capital, and several sovereign wealth funds. According to an SEC filing, the minimum investment in this round was $77,593, with nearly 97 investors participating. The funds will support xAI’s continued development of advanced AI systems, including Grok 3, which is currently in training. Read Next: