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Benzinga
Benzinga
Business
Rounak Jain

Elon Musk Rejects Reports That xAI Is Looking To Raise Additional Funds At $200 Billion Valuation: 'We Have Plenty Of Capital'

Grok,Logo,Displayed,On,A,Smartphone,With,Xai,And,Elon

Elon Musk has rejected reports that his artificial intelligence venture xAI is gearing up for a new fundraising round.

A report had suggested that the company is looking at a funding round that could value the company between $170 billion and $200 billion.

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