Musk Doubles Down: xAI Aims to Raise Another $12 Billion to Acquire NVIDIA Chips
1 week ago / Read about 0 minute
Author:小编   

On July 23, Beijing Time, a report by The Wall Street Journal revealed that Elon Musk is aggressively marshaling financial resources to sustain his competitive edge in the AI arms race. His nascent AI venture, xAI, having recently secured $10 billion through a mix of equity and debt financing, is now collaborating with a reputable financier to secure an additional $12 billion. This influx of capital will be dedicated to xAI's expansion strategies, aimed at further solidifying its foothold in the AI industry.