Nvidia invests $2 billion in Elon Musk's xAI as part of $20 billion funding round

japantimes.co.jp

Nvidia is investing up to $2 billion in Elon Musk's AI startup xAI as part of a $20 billion funding round. This funding will support xAI's Colossus 2 data center in Memphis, which will utilize Nvidia's graphics processing units for its AI development. The AI industry continues to see significant investment as major tech companies build infrastructure for advanced AI models.


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