Musk's artificial intelligence company xAI may raise $3 billion

Investors closely related to Musk are in talks to help his AI startup xAI raise $3 billion in financing. This round of financing will bring the company's valuation to $18 billion. Supporters considering investing in this round of financing include venture capital firm Gigafund and American venture capitalist Steve Jurvetson. The financing terms of xAI have not yet been finalized and plans may change.

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