Elon Musk Responds to XAI Raising $10 Billion at a $200 Billion Valuation: Fake News, XAI Has Not Raised Any Funds Yet

On September 20th, Musk responded to reports that XAI, which was valued at $200 billion, had raised $10 billion. He said, "This is fake news. XAI currently has not raised any funds." Earlier, CNBC reported that sources revealed that Elon Musk's artificial intelligence startup xAI is raising $10 billion from investors, and this fundraising round values the company at $200 billion. This once again reflects the trend of the soaring valuations of companies developing foundational artificial intelligence models. Earlier this month, Anthropic raised $13 billion and was valued at $183 billion. The industry's largest company, OpenAI, achieved a valuation of $500 billion through a secondary stock sale. It is reported that this financing round took place after Musk raised $10 billion a few weeks ago through debt and equity financing, and at that time, the market believed that xAI was valued at around $150 billion. (Jinshi)