Elon Musk’s xAI Plans $20 Billion Raise Backed by Nvidia for AI Project: The Pulse 10/08
Elon Musk’s artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia to lift its ongoing funding round to $20 billion, according to people with knowledge of the matter. The financing includes equity and debt in a special purpose vehicle that will buy Nvidia processors and […]
