As the AI arms race accelerates, Musk pushes xAI toward one of the largest private valuations in tech — despite controversy, investor skepticism, and clashes with the media. Elon Musk’s artificial intelligence startup, xAI, is reportedly in advanced discussions to raise $15 billion in new equity, a move that would propel the young company to a staggering $230 billion valuation, according to sources speaking with The Wall Street Journal. If completed, the deal would nearly double xAI’s valuation from the $113 billion disclosed in March after its acquisition of X (formerly Twitter). The fundraising push comes just days after Musk … Continue reading Elon Musk’s xAI Seeks $15 Billion in New Funding, Eyes $230 Billion Valuation