Elon Musk’s artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia to lift its ongoing funding round to $20 billion, according to people familiar with the matter. Nvidia is investing as much as $2 billion in the equity portion of the transaction, the people said. Bloomberg’s Annabelle Droulers reports. (Source: Bloomberg)
www.bloomberg.com
#Nvidia #Invest #Musk039s #xAI
Nvidia to Invest in Musk's xAI
