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.

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

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.

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