Investment boom for AI: Elon Musk's company has raised $500 million

Elon Musk and his team developing artificial intelligence at xAI have received an impressive $500 million investment from well-known investors. This was reported by Bloomberg, although Elon Musk personally denies this information.

According to Bloomberg, when discussing the company's value, insiders point to a possible valuation of $15-20 billion, but the terms of the deal may change in the coming weeks.

Last November, Elon Musk announced that X(Twitter) investors would own 25% of xAI shares. This means that investors are encouraged to invest at least 25% of their investment in X in xAI shares.

The deal is expected to be finalized in the coming weeks, sources said.

According to Bloomberg, in addition to funding, some investors may receive computing power and, in some cases, xAI shares, noting the benefits for companies that actively use data to develop artificial intelligence products.

Elon Musk dismissed this information as "fake news," and last December he said that xAI was not raising funds after the startup filed an application to raise $1 billion through an IPO with the US regulator.