Elon Musk denies xAI securing $500 Million investment as valuation talks continue
Tesla and SpaceX CEO Elon Musk has refuted reports suggesting his artificial intelligence (AI) company, xAI, has secured $500 million in investment toward its $1 billion fundraising goal. This comes as xAI engages in ongoing discussions with investors regarding its valuation, which could range from $15 billion to $20 billion. Musk and the investors are…