xAI Aims to Secure Additional $12 Billion for NVIDIA Chip Purchases
10 hour ago / Read about 0 minute
Author:小编   

The Wall Street Journal reports that Elon Musk is vigorously securing funds to sustain his leadership in the AI technology race. His AI venture, xAI, having already amassed $10 billion through a combination of equity and debt financing, now intends to partner with a reputable financier to raise an additional $12 billion to fuel its expansion plans. This influx of capital will bolster xAI's position as a formidable player in the AI industry.