The valuation would place xAI above the valuation of Anthropic ($183 billion) and below OpenAI ($500 billion).

Elon Musk said on Friday that xAI is not raising money right now. He posted on X that a CNBC story about a new round was “fake news.” The network

Elon Musk is looking for another $10 billion. His AI startup, xAI, is raising again, and this time it’s at a massive $200 billion valuation. That’s what CNBC reported, citing sources close to the talks.

Elon Musk‘s artificial intelligence (AI) company, xAI (PC:XAIIQ), is raising $10 billion in a new funding round that would value the startup at an

Elon Musk on Friday said that xAI is not raising capital right now, following a CNBC report earlier in the day on the AI firm raising $10 billion at a post-money valuation of $200 billion.

In recent weeks, a series of leaks has plagued Elon Musk’s xAI. Indeed, a slow, steady drip of stories from major news outlets has found, as its basis, a healthy helping of anonymous sources and internal company messages that said sources seem more than willing to share.

Elon Musk merged Twitter into the xAI company earlier this year, despite controversy in both the content and safety of its services.