Funding
Elon Musk’s xAI raises $15 billion in series E round: Report
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Billionaire Elon Musk on Thursday said on X the CNBC report of his artificial intelligence startup xAI raising $15 billion in a series E funding round was “false.”
The latest CNBC report said the capital raise added another $5 billion to the $10 billion round that valued xAI at $200 billion.
Musk had also denied the news channel’s previous report, which said the firm was raising $10 billion.
xAI, in what seemed like an automated reply, said “Legacy Media Lies” in response to a Reuters request for comment on the latest fundraise.
The AI startup has been…
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