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Musk’s xAI Expands Funding To $20B With Nvidia Backing
Benzinga
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3 months ago
Elon Musk’s xAI is expanding its funding round to $20B with Nvidia investing up to $2B in equity and GPU-linked debt. The financing supports xAI’s Colossus 2 data center, marking a major push to rival OpenAI’s ChatGPT.
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