Elon Musk’s xAI nears funding at $18 billion value soon as this week Elon Musk's x.AI Corp is nearing the conclusion of a funding round at an $18 billion valuation, targeting a $6 billion raise with participation from Sequoia Capital. The round's specifics, including valuation and timing, are still under discussion. Elon Musk’s artificial intelligence startup X.AI Corp. is set to close its funding round at a valuation of about $18 billion as soon as this week, according to people familiar with the matter
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