Odaily Planet Daily News Elon Musk's artificial intelligence startup xAI will complete a round of financing as soon as this week, with a valuation of approximately US$18 billion. People familiar with the matter said that the size of this round of financing has not yet been finalized. (Bloomberg) Earlier on April 26, a person familiar with the matter revealed that Elon Musk's artificial intelligence startup xAI is about to reach a financing deal of US$6 billion, and the company's valuation will reach US$18 billion. The person familiar with the matter said that investors such as Sequoia Capital will participate in this round of financing.