Insiders: xAI is in high-level talks with investors to raise $15 billion

According to the Wall Street Journal: Sources say that xAI is in high-level talks with investors to raise $15 billion, which would bring xAI's valuation to $230 billion.

Insiders said that Musk's wealth manager, Jared Birchall, disclosed the terms of the new funding round to investors on Tuesday night. CNBC had earlier reported on xAI's fundraising plans, but Musk denied the report, stating that "the information is inaccurate."