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Sources: Strava, the fitness app founded in 2009, filed confidentially for an IPO; its revenue grew more than 50% YoY in 2025 but was still less than $500M (The Information)

The Information : Sources: Strava, the fitness app founded in 2009, filed confidentially for an IPO; its revenue grew more than 50% YoY i...

6 January 2026

xAI raised a $20B Series E, exceeding the $15B targeted round size, with participation from Valor, Nvidia, and others, and says Grok 5 is currently in training (xAI)

xAI:
xAI raised a $20B Series E, exceeding the $15B targeted round size, with participation from Valor, Nvidia, and others, and says Grok 5 is currently in training  —  xAI is rapidly accelerating its progress in building advanced AI.  —  xAI completed its upsized Series E funding round …

Posted from: this blog via Microsoft Power Automate.

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