xAI Announces $20 Billion Series E Financing! Grok Monthly Active Users Reach 600 Million, but Faces Investigations from Multiple Countries Due to Generating Child Deepfake Pornographic Content
xAI raises $20B in Series E, setting a 2026 global AI funding record. Backed by Valor Equity Partners, Fidelity, and NVIDIA, funds will expand data centers and upgrade Grok. However, its chatbot Grok faces major security vulnerabilities.....