Will Smith Separation Rumors are Ridiculous!

0824_will_jada_launch_SplashWill Smith just RIPPED APART reports he's splitting from wife Jada Pinkett -- saying all the rumors are outright ridiculous.

While out shopping with Jada in Malibu this morning, Will was asked to comment on the "ridiculous" rumors -- and Will responds, "You just did."

Also worth noting -- around the 49-second mark, Jada appears to call Will "baby."