Sources: Elon Musk's xAI is in talks to raise up to $6B from family offices in the Hong Kong and sovereign wealth funds in the Middle East at a $20B valuation (Financial Times)

Financial Times:

Sources: Elon Musk’s xAI is in talks to raise up to $6B from family offices in the Hong Kong and sovereign wealth funds in the Middle East at a $20B valuation  —  Tesla chief targets $20bn valuation in bid to take on OpenAI  —  Elon Musk’s xAI is in talks to raise up to $6bn …