Elon Musk denies report indicating his AI startup, xAI, has raised $500M in funding

Elon Musk this weekend denied a report that his artificial intelligence startup, called xAI Corp., has secured $500 million in funding, as part of a goal to raise a $1 billion investment. The billionaire entrepreneur (pictured) posted on the social media platform X, formerly Twitter, that “This is simply not accurate” in response to an […]

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