Funding › Investors

Stepstone Group portfolio: 2 rounds in AI and data

Rounds where Stepstone Group led or took part, newest first. Led: 0.

  1. xAI raises $20B Series E, . AI models. Develops the Grok AI models and assistant and runs large GPU training clusters.
  2. Crusoe raises $1.4B Series E, . AI infrastructure. Led by Valor Equity Partners, Mubadala Capital. Crusoe builds and operates energy-first AI data centers and a GPU cloud for training and inference.