Elon Musk's xAI in talks to raise funding valuing it at $40 billion, WSJ reports

(Reuters) - Elon Musk's xAI is in talks with investors for a funding round that would value the company at around $40 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. (Reporting by Juby Babu in Mexico City; Editing by Alan Barona).