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Nvidia to Invest in Musk's xAI

YouTubeBloomberg Television

Nvidia to Invest in Musk's xAI

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 familiar with the matter. Nvidia is investing as much as $2 billion in the equity portion of the transaction, the people said. Bloomberg's ...

33.5K views2 days ago

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