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Elon Musk’s xAI eyes $12 billion debt deal to train Grok on Nvidia chips, launch AI supercluster with 550,000 GPUs; details here
Elon Musk’s artificial intelligence venture, xAI, is reportedly planning to raise up to $12 billion in debt as part of an ambitious expansion strategy. The funds will primarily be used to lease Nvidia ...
Insider Monkey
NVIDIA Corporation (NVDA)’s Chips to be Used to Power xAI’s Colossus 2
NVIDIA Corporation (NASDAQ:NVDA) is one of the 13 best Fortune 500 stocks to invest in now. On October 16, 2025, Bloomberg reported that Elon Musk’s AI startup xAI is working on a $20 billion lease-to ...
The Motley Fool
Elon Musk Just Gave Nvidia Investors 20 Billion Reasons to Cheer
Many Nvidia competitors were announcing huge deals over the past few weeks. There's still massive growth left in the AI revolution. Nvidia's stock could be cheap if the AI megatrend progresses at the ...
WSOC-TV
Microsoft to ship 60,000 Nvidia AI chips to UAE under US-approved deal
WASHINGTON — Microsoft said Monday it will be shipping Nvidia's most advanced artificial intelligence chips to the United Arab Emirates as part of a deal approved by the U.S. Commerce Department. The ...
Business Insider
Elon Musk's xAI used clips from 'Hellboy II' to train workers for its video AI project
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