Elon Musk's AI startup, xAI, is in the spotlight as it seeks to raise significant funding amidst a booming interest in artificial intelligence. Investors are reportedly discussing injecting $3 billion into the company, with ambitions to raise up to $4 billion. This funding effort would potentially value xAI at an impressive $18 billion. The move comes at a time when AI investments are skyrocketing, with billions flowing into startups, sparking concerns about an AI bubble due to soaring valuations. Musk's venture into the AI industry with his innovative Grok model is seen as a major contribution to the AI race, indicating a gold rush in the tech sector as innovators vie for a slice of the transformative AI industry.