Search
On June 7, the Financial Times reported that Elon Musk's artificial intelligence company, xAI, had initially intended to secure a $5 billion debt financing to support the construction of new data centers, procure chips, and drive business development. However, just as the financing was nearing completion, Musk's relationship with US President Trump unexpectedly soured, potentially complicating the financing deal. The funding was slated to be partly utilized for the construction of AI infrastructure at the Memphis megadata center, a facility boasting 200,000 NVIDIA GPUs and ranking among the world's largest AI computing facilities. This strained relationship may introduce uncertainty into xAI's financial planning and business expansion endeavors.
-
C114 Communication Network -
Communication Home
