Musk Denies xAI Funding at $200 Billion Valuation: We’re Funded

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Tesla CEO Elon Musk has dismissed rumors that his artificial intelligence company, xAI, is seeking to raise $200 billion in funding. In a recent statement, Musk emphasized that xAI has sufficient capital to support its operations and future development.

The speculation about a potential funding round sparked interest and concern in the tech community, but Musk’s response aims to reassure investors and stakeholders about the company’s financial stability.

xAI focuses on advancing artificial intelligence technologies, and its initiatives have garnered significant attention in the industry. Despite the chatter regarding funding, Musk remains confident in his company’s financial position and strategic direction.

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