{"id":963308,"date":"2025-09-22T08:15:38","date_gmt":"2025-09-22T02:45:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=963308"},"modified":"2025-09-22T08:21:55","modified_gmt":"2025-09-22T02:51:55","slug":"musk-says-xai-is-not-raising-capital-after-cnbc-report-on-10-billion-funding-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/22\/musk-says-xai-is-not-raising-capital-after-cnbc-report-on-10-billion-funding-2\/","title":{"rendered":"Musk says xAI is not raising capital after CNBC report on $ 10 billion funding"},"content":{"rendered":"<p>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. <\/p>\n<p>&#8220;Fake news. xAI is not raising any capital right now,&#8221; Musk said on X. <\/p>\n<p>According to the CNBC report, the funding was likely to go to building data centers using Nvidia and AMD graphics processing units, needed to develop next-generation AI, as well as to hire expensive talent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. &#8220;Fake news. xAI is not raising any capital right now,&#8221; Musk said on X. According to the CNBC report, the funding was likely to go to building data centers using Nvidia and AMD graphics processing units, needed to develop next-generation AI, as well as to hire expensive talent.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-963308","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/963308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=963308"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/963308\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=963308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=963308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=963308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}