Elon Musk’s xAI Pursues $15 Billion Funding at $230 Billion Valuation

TLDR Elon Musk’s xAI is negotiating a $15 billion funding round at a $230 billion valuation, doubling its worth since March 2025. The funds will support AI infrastructure including the Colossus supercomputer facility in Memphis and training for the Grok chatbot. SpaceX has already invested $2 billion in xAI, while Musk wants Tesla to participate [...]

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