[…] Launched by Musk in July 2023, xAI is strategically positioned to advance the capabilities of artificial intelligence. As part of its expansive vision, Musk has reportedly been in talks with prominent technology firms and venture capitalists, including Sequoia Capital, Andreessen Horowitz, and Vy Capital[^2]. The ambitious plan includes a significant funding round scheduled for January 2024, which could potentially raise xAI’s valuation to an impressive $75 billion^3. […]