Oct 30, 2024 09:03 AM IST Read this news in brief form Also Read: ‘Literally cried’: Blinkit user orders 1 gm gold coin, gets 0.5 gm, complaint window closes The funding discussions are early, said the person, who asked not to be identified discussing private information, and the details could still change or the talks could fall apart. Musk’s xAI did not immediately respond to requests for comment. The Wall Street Journal earlier reported on the deal, citing people familiar with the talks. The company’s valuation was $24 billion including dollars raised during its last funding round in May, meaning the latest deal would represent a substantial increase, vaulting it into the ranks of most valuable startups in the US. The money raised in the company’s new round would be added to its $40 billion valuation, the Journal reported.