However, Musk denied the report on social media, saying, “This is absolutely not true.” He did not provide any additional details about the company’s finances or future plans.
Musk’s denial comes several months after he said xAI was not actively raising funds.
Musk launched xAI in July 2022 in response to the overly restrictive and potentially dangerous nature of AI development by major tech companies. According to him, xAI will focus on developing artificial intelligence that is safe, useful and consistent with human values.
Source: Ferra
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
