TechFlow news, February 15 — According to Bloomberg, Elon Musk's artificial intelligence company xAI is in talks to raise around $10 billion in funding, potentially reaching a valuation of approximately $75 billion. Sources familiar with the matter said existing investors Sequoia Capital, a16z (Andreessen Horowitz), and Valor Equity Partners are discussing participation in this round. xAI's previous funding round valued the company at about $51 billion, and specific terms of the current financing have not yet been finalized.
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