Wall Street Journal:

Sources: xAI is in advanced talks to raise $15B at a $230B valuation, up from the $113B it reported after merging with X in March 2025  —  Like other AI startups, xAI is burning cash rapidly as it seeks to improve its flagship Grok chatbot  —  Elon Musk's artificial-intelligence company …

Wall Street Journal:

Sources: xAI is in advanced talks to raise $15B at a $230B valuation, up from the $113B it reported after merging with X in March 2025  —  Like other AI startups, xAI is burning cash rapidly as it seeks to improve its flagship Grok chatbot  —  Elon Musk's artificial-intelligence company …

Source: TechMeme
Source Link: http://www.techmeme.com/251118/p60#a251118p60