Musk denies his AI comp secures $500m toward $1bn funding goal
Saturday, 20 January 2024
Elon Musk has denied reports that his artificial intelligence (AI) business, xAI, had received $500 million in investor commitments toward a $1 billion objective. Bloomberg reported that the artificial intelligence (AI) startup xAI is contemplating a valuation of $15 billion to $20 billion, though terms may alter in the coming weeks, citing people familiar with the subject.
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