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Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.
Elon Musk's AI start-up xAI looks to raise $1 billion, filing shows
Elon Musk's artificial intelligence start-up xAI is seeking to raise as much as $1 billion, a Securities and Exchange Commission filing from this week shows.
Elon Musk’s xAI secures $6 billion in funding to accelerate AI ambitions
Elon Musk’s artificial intelligence venture, xAI, is nearing the completion of a $6 billion funding round. As reported by CNBC, this financial injection will bring the company’s valuation up to $50 billion.
Ars Technica
4d
Amazon ready to use its own AI chips, reduce its dependence on Nvidia
Amazon is poised to roll out its newest artificial intelligence
chips
as the Big Tech group seeks returns on its ...
3d
SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for.
The collaboration comes amid skyrocketing demand for Nvidia chips, as companies scramble to secure supplies.
10h
on MSN
Nvidia Has 65% of Its Portfolio Invested in 1 Brilliant Artificial Intelligence (AI) Stock
Nvidia ( NVDA -3.26%) first disclosed a stake in fellow semiconductor company Arm Holdings ( ARM -5.59%) in the fourth ...
3d
on MSN
SoftBank first to receive new Nvidia chips for supercomputer
SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for its supercomputer, ...
GlobalData on MSN
2d
SoftBank unit to build supercomputer with Nvidia Blackwell chips
At the Nvidia AI Summit in Japan, founder and CEO Jensen Huang announced that SoftBank Corp will be the first to receive ...
9h
on MSN
Prediction: Nvidia Stock Is Going to Stall Out on Nov. 20
Given the critical role Nvidia is playing in the AI revolution, Wall Street and investors are laser-focused on Nov. 20, which ...
22h
Nvidia to report Q3 earnings Wednesday as AI fever continues to power Wall Street
Nvidia is expected to report Q3 earnings per share (EPS) of $0.74 on revenue of $33.2 billion, according to analysts’ ...
3d
Amazon steps up effort to build AI chips that can rival Nvidia
Big Tech group’s Annapurna Labs is spending big to build custom chips that lessen its reliance on market leader ...
3d
on MSN
SoftBank Plans Supercomputer With Nvidia Blackwell Chips
SoftBank Group Corp. will be the first Nvidia Corp. customer to build a supercomputer based on the chipmaker’s new Blackwell ...
3d
on MSN
Supreme Court seems likely to allow class action to proceed against tech company Nvidia
The Supreme Court seems likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its ...
1d
This Is the Biggest Threat to Nvidia's Artificial Intelligence (AI) Dominance That Virtually No One Is Talking About
Nvidia's operating expansion has been textbook, which includes a monopoly-like share of the graphics processing units (GPUs) ...
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