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Odaily Planet Daily News: An internal document sent to investors shows that 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 transaction. The terms and amount of this round of financing have not been finalized and may still change. (Bloomberg)

Odaily Planet Daily News: An internal document sent to investors shows that 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 transaction. The terms and amount of this round of financing have not been finalized and may still change. (Bloomberg)

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