xAI is reportedly in advanced discussions with investors to secure $15 billion in funding, potentially valuing the company at $230 billion. Sources indicate that Jared Burchar, Elon Musk's wealth manager, shared details of the funding round with investors on Tuesday night. While CNBC previously reported on xAI's funding efforts, Musk dismissed those claims as "untrue."
xAI in Advanced Talks to Raise $15 Billion, Valuation Could Hit $230 Billion
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