Elon Musk's artificial intelligence company, xAI, is reportedly looking to raise $300 million through a tender offer as it seeks to bolster its operations and expand its influence in the AI sector. This funding effort highlights the ongoing investment interest in AI technologies and Musk's ambition to advance xAI's capabilities.

Elon Musk's xAI Holdings is negotiating with investors to raise approximately $20 billion, potentially valuing the company at over $120 billion. This funding follows the recent acquisition of X, which positions xAI to leverage its AI capabilities alongside X's extensive reach.

Elon Musk's artificial intelligence company xAI is reportedly seeking to raise funds that could value it between $170 billion and $200 billion. The Saudi Public Investment Fund is expected to play a significant role in this funding round, although Musk has stated that the company currently has sufficient capital.