AI xAI raises $20bn and launches enterprise offering amid global Grok backlash The Elon Musk-lead company is funding its data centre build out and product expansion for the business market. Noah Bovenizer Jan 07, 2026 - 2 min read Image credit: https://unsplash.com/@salvadorr Get the full story: Subscribe for free Join peers managing over $100 billion in annual IT spend and subscribe to unlock full access to The Stack’s analysis and events. Subscribe now Already a member? Sign in