Elon Musk's xAI in talks to raise funding valuing it at $40 billion – Mint

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Elon Musk’s xAI is in talks with investors for a funding round that would value it around $40 billion, according to people familiar with the matter.

The startup was last valued at $24 billion just a few months ago, when it raised $6 billion in the spring.

xAI hopes to raise several billion dollars in the new funding round, one of the knowledgeable people said. The cash […]
Elon Musk's xAI in talks to raise funding valuing it at $40 billion – Mint