Elon Musk's xAI Eyes $10B Funding Round

• Elon Musk’s AI company, xAI, is in discussions to raise $10 billion, potentially valuing the company at $75 billion.
• Existing investors like Sequoia Capital and Andreessen Horowitz are being approached, with funds possibly used for purchasing $5 billion worth of Dell servers.
• The next version of Grok, xAI’s AI model, is expected to launch within weeks, enhancing features on Musk’s X social network.

Source: TechCrunch