Elon Musk’s xAI is preparing to raise more money from investors in a deal that could value the artificial intelligence company as high as $200bn — 10 times its value early last year, according to people close to the talks.

Elon Musk's artificial intelligence company, XAI, is reported to be seeking a valuation of up to $200 billion in its upcoming fundraising round, according to the Financial Times. This bold move underscores Musk's ambitious vision for the company,