Nov 13 (Reuters) - Billionaire Elon Musk's xAI has
raised $15 billion in a series E funding round, CNBC reported on
Thursday, citing sources.
The Tesla chief in September said the company was
not raising any capital after CNBC reported that xAI was raising
$10 billion at a post-money valuation of $200 billion.
XAI, in what seemed like an automated reply, said
"Legacy Media Lies" in response to a Reuters request for comment
on the raise.
The AI startup has been ramping up its data center
capacity to train more advanced models, as it looks to compete
more effectively with OpenAI's ChatGPT and Anthropic's Claude.