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Elon Musk Denies xAI Has Completed 50% of $1 Billion Funding Goal
Published in Latest AI News
Time :Jan 22, 2024
Read :1minute
Translation:
Billionaire Elon Musk has denied reports that his artificial intelligence company, xAI, has achieved 50% of its $1 billion fundraising target. The reports suggest that xAI is valued between $15 billion and $20 billion, although this valuation could change in the coming weeks. xAI was established in July 2021, and its Grok chatbot aims to compete with OpenAI's ChatGPT and Google's Bard.