Elon Musk denies AI startup has raised $500M of $1B goal

Elon Musk denies AI startup has raised $500M of $1B goal

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Billionaire Elon Musk denied a report that his company, xAI, has secured commitments to put it halfway toward a $1 billion investment goal. "This is simply not accurate," on X, formerly Twitter, in response to a user’s post on the platform citing a report from Bloomberg News. Bloomberg had…

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