Insiders: xAI is in high-level negotiations with investors to raise $15 billion.

According to Mars Finance, the Wall Street Journal reports: sources say xAI is in high-level negotiations with investors to raise $15 billion, which will bring xAI's valuation to $230 billion. Insiders say that Musk's wealth manager Jared Birchall disclosed the terms of the new round of financing to investors on Tuesday night. CNBC earlier reported on xAI's financing plans, but Musk refuted the claims, stating that “the information is incorrect.”