xAI updates: news & description

Presence

xAI develops artificial intelligence software and models. It offers chat assistants, model access, and related tools for consumers, developers, and business customers.

xAI products and services overview:

AI models
Chat assistants
API services
Enterprise software
Research services

Revenue: ~$100 million

Employees: 1,000

Headquarters: San Francisco, United States (USA)

xAI is owned by SpaceX.

SpaceX is a company listed under the stock ticker SPCX (US).

SpaceX has a direct presence in 9 countries.

SpaceX has 13 subsidiaries including Akoustis Technologies, Cursor and X.

They are in:

Acquisition, funding and merger involving SpaceX.

xAI has just announced a $3,000 Million fundraising (posted on February 24 2026).
SpaceX has announced the acquisition of xAI (posted on February 4 2026).
xAI has just announced a $20,000 Million fundraising (posted on January 8 2026).
xAI has acquired X (posted on March 31 2025).
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Executives

View the org chart displaying its 71 main executives

Most searched biographies at xAI

Popular executive movements at xAI

Anthony Armstrong, Chief Financial Officer, has left the company (posted on April 13 2026).
Michael Nicholls has joined the company as President (posted on April 9 2026).
Toby Pohlen, Co-Founder, has left the company (posted on March 3 2026).

Click here to view some more movements at xAI

Popular executive movements at SpaceX

Ted Malaska, Senior Director of Application Software, has left the company (posted on May 21 2026).
Kevin Dich, who was Senior Manager, Technical Recruiting, is promoted to Director, Technical Recruiting (posted on January 5 2026).
Kris Young, Senior Director of Launch and Space Operations, has left the company (posted on November 7 2025).

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