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Musk debunks rumors that xAI is seeking $200 billion in financing: the rumors are false, xAI has sufficient funds and is not currently seeking financing.
According to Jinse Finance, reports on the early morning of the 12th stated that Musk's xAI is seeking a valuation of up to $200 billion in the next round of financing. In response, Musk said: "These rumors are untrue. xAI is not currently seeking financing; we have sufficient funds."