Report claims xAI raised $15 billion in funding, Elon Musk denies
Media reports on Thursday cited sources to claim that Elon Musk's artificial intelligence company, xAI, raised $15 billion in funding, boosting its valuation to around $200 billion. Musk, however, denied the claim and called the report "false". Founded by Musk in 2023, xAI is seen as a challenger to OpenAI and Anthropic in the advanced AI systems domain.