Elon Musk Evaluates Valuation for AI Startup xAI, Plans Major Funding Round

Elon Musk is actively considering the valuation of his artificial intelligence startup, xAI, according to sources close to the company. During a recent investor call, Musk hinted at a substantial funding round in the coming months. The discussion also revealed ambitious revenue targets of potentially reaching $1 billion or more. While no formal announcement has been made, this development could signify a renewed focus on his business ventures.