According to reports, Elon Musk's artificial intelligence company xAI is preparing a new round of financing. The company's valuation may be as high as 200 billion US dollars, a tenfold increase from the beginning of last year. The financing is under discussion and may be officially launched as early as next month. This will be the company's third large-scale stock sale in less than two months. The company raised $10 billion through loans and cash investments in July, and sold $300 million of shares through a secondary stock offering in June. The deal will also reinforce the rapid rise in xAI's valuation. In May 2024, xAI's valuation in “Series B” financing was $18 billion.

According to reports, Elon Musk's artificial intelligence company xAI is preparing a new round of financing. The company's valuation may be as high as 200 billion US dollars, a tenfold increase from the beginning of last year. The financing is under discussion and may be officially launched as early as next month. This will be the company's third large-scale stock sale in less than two months. The company raised $10 billion through loans and cash investments in July, and sold $300 million of shares through a secondary stock offering in June. The deal will also reinforce the rapid rise in xAI's valuation. In May 2024, xAI's valuation in “Series B” financing was $18 billion.