Pakistan, May 4 -- Elon Musk is a prominent businessman and investor who is the founder, chairman, CEO, and CTO of SpaceX; angel investor, CEO, product architect, and former chairman of Tesla, Inc.; owner, executive chairman, and CTO of X Corp. (formerly Twitter); founder of the Boring Company and xAI; co-founder of Neuralink and OpenAI; and president of the Musk Foundation.

Multiple people familiar with the situation have indicated that Elon Musk's xAI business is close to closing a significant $6 billion fundraising round, which may significantly alter the artificial intelligence (AI) landscape. Musk's AI Company, xAI, would be valued at an astounding $18 billion as a result of the financing campaign, putting it in a competitive position...