Elon Musk's startup xAI is reportedly in talks to secure new funding that could increase its valuation to $40 billion, according to the Wall Street Journal.

This comes after the company successfully raised $6 billion in a previous financing round.

The current funding discussions are still in the early stages, and sources suggest that the details may change or the negotiations could potentially fail.

As xAI continues to attract significant investor interest, the outcome of these talks could have significant implications for the company's future growth and development in the AI sector.