
Challenging the credibility of the information shared in a Bloomberg article, Elon Musk has rejected claims of his artificial intelligence (AI) company xAI securing $500 million (£393.24 million) from investors as part of its $1 billion (£802.35 million) fundraising goal.
Responding to an X (formerly Twitter) user, Musk stated: "This is simply not accurate." Replying to another user on the social media platform, he called the Bloomberg report "fake news".