Elon Musk’s artificial-intelligence startup xAI is in talks to raise $15 billion at a $230 billion valuation, more than double its previous mark. Musk dismissed claims of a $200 billion valuation, focusing on scaling data centers to compete with OpenAI. Tesla shareholders approved an investment in xAI amid warnings of an AI bubble.

Read more at Yahoo Finance: Musk’s xAI in advanced talks to raise $15 billion at $230 billion valuation, WSJ reports