xAI News: xAI Seeks $6 Billion For Nvidia Chip Acquisition

xAI Unicorn News - November 15, 2024

Elon Musk's xAI is raising up to $6 billion to purchase 100,000 Nvidia chips, enhancing its AI capabilities. The funding, primarily from Middle Eastern sovereign funds, supports xAI's ambitious projects, including its chatbot Grok and Tesla's Full Self Driving technology.

Sources
https://www.nbcnewyork.com/news/business/money-report/elon-musks-xai-raising-up-to-6-billion-to-purchase-100000-nvidia-chips-for-memphis-data-center/5988282/

Outline
(00:00:00) Introduction
(00:00:27) Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

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