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Nvidia to Invest in Elon Musk’s xAI as Part of $20 Billion Fundraising
Elon Musk’s xAI is seeking to raise around $20 billion, with Nvidia expected to make a major equity and hardware-backed investment. Under the proposed deal, Nvidia will lease processors for five years, blending capital infusion with long-term compute access. Analysts say the hybrid model signals a shift in AI financing, allowing startups to scale without heavy upfront infrastructure costs and positioning xAI to compete more effectively in the global generative AI market.
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Nvidia to Invest in Elon Musk’s xAI as Part of $20 Billion Fundraising
Elon Musk’s xAI is seeking to raise around $20 billion, with Nvidia expected to make a major equity and hardware-backed investment. Under the proposed deal, Nvidia will lease processors for five years, blending capital infusion with long-term compute access. Analysts say the hybrid model signals a shift in AI financing, allowing startups to scale without heavy upfront infrastructure costs and positioning xAI to compete more effectively in the global generative AI market.
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xAI’s $20 billion fundraising round, featuring Nvidia’s equity and processor support, sets a new benchmark for blended tech funding and partnership models.
Elon Musk’s xAI is seeking to raise around $20 billion, with Nvidia expected to make a major equity and hardware-backed investment. Under the proposed deal, Nvidia will lease processors for five years, blending capital infusion with long-term compute access. Analysts say the hybrid model signals a shift in AI financing, allowing startups to scale without heavy upfront infrastructure costs and positioning xAI to compete more effectively in the global generative AI market.
Elon Musk’s xAI is seeking to raise around $20 billion, with Nvidia expected to make a major equity and hardware-backed investment. Under the proposed deal, Nvidia will lease processors for five years, blending capital infusion with long-term compute access. Analysts say the hybrid model signals a shift in AI financing, allowing startups to scale without heavy upfront infrastructure costs and positioning xAI to compete more effectively in the global generative AI market.
Companies:
Nvidia
xAI
Tags:
AI
Nvidia
AI
Nvidia
xAI
Elon Musk
fundraising