Musk: xAI has received a US$500 million investment commitment is fake news
2024-01-20 04:41
Odaily reported that Musk responded on X that Musks artificial intelligence company xAI has received a US$500 million investment commitment is false news spread by Bloomberg. Bloomberg previously reported that people familiar with the matter revealed that Musk’s artificial intelligence company xAI has received an investment commitment of US$500 million to achieve its US$1 billion financing goal. The company is discussing a valuation of $15 billion to $20 billion, but terms could still change in the coming weeks.
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