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Elon Musk’s xAI is halfway to its $1 billion funding goal.
The AI company is also discussing an eye-watering valuation of between $15 billion and $20 billion, Bloomberg reports. (AI companies have been seeking huge valuations as of late.) xAI had raised $137.4 million toward that $1 billion goal as of early December.
However, Musk called the report “simply not accurate” in a reply to a post that linked Bloomberg’s story last night.
Update January 20th, 2024, 10:45AM ET: Added Elon Musk’s comment on the matter.
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