
Elon Musk’s xAI raises $20bn despite mounting backlash over Grok deepfakes
Elon Musk’s AI firm xAI has raised $20bn even as its Grok chatbot faces global backlash over sexualised deepfake images and regulatory scrutiny.
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

Elon Musk’s AI firm xAI has raised $20bn even as its Grok chatbot faces global backlash over sexualised deepfake images and regulatory scrutiny.

Ofcom has contacted X and xAI after reports Grok AI generates sexualised images of children and non-consensual deepfakes.

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