Crypto News LIVE Updates: Hours after Bloomberg reported that Elon Musk‘s artificial intelligence company xAI raised $500 million in funding from investors, the billionaire denounced the report as “fake news.” The Bloomberg report in question also claimed that xAI was eyeing a valuation in the range of $15 to $20 billion. Speaking of AI startups, The post Crypto News LIVE Updates: Bitcoin Bounces Back; Elon Musk Refutes Bloomberg Report On xAI’s $500M Fundraise appeared first on CoinGape .
