Elon Musk's artificial intelligence startup, xAI, is currently seeking new funding, aiming for a valuation of approximately $40 billion, which translates to around Rp640 trillion. This funding effort comes just a few months after the company raised $6 billion in its last investment round.

Discussions about the new funding are still in the preliminary stages, and details are subject to change. Sources familiar with the matter, who wish to remain anonymous due to the sensitivity of the information, indicated that negotiations could potentially fall through.

As of now, xAI has not provided any comments regarding this funding initiative. The Wall Street Journal has reported on these funding discussions, citing individuals familiar with the ongoing talks.

Previously, xAI's valuation stood at $24 billion, reflecting the company's worth after its latest funding round in May. The anticipated new deal would significantly boost this valuation, positioning xAI as one of the most valuable startups in the United States. The funds raised in this latest round would be added to its existing valuation, potentially elevating it to the sought-after $40 billion mark, as reported by the Journal.

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