According to Odaily Planet Daily, Elon Musk's artificial intelligence startup xAI is seeking to raise $3 billion to $4 billion, which will bring the company's valuation to $18 billion. People familiar with the matter revealed that emails about potential financing are circulating in the Silicon Valley venture capital community, including a pitch document of about 20 pages. The person also said that people close to Musk have had conversations on the internal network to assess interest in participating in the deal, and the terms and amount of the round of financing have not been finalized and may still change.