Bloomberg:

Sources: xAI nears a deal to raise $20B in equity and debt, tied to the Nvidia GPUs that xAI plans to use in Colossus 2; Nvidia is investing as much as $2B  —  The Elon Musk-backed artificial intelligence startup xAI is raising more financing than initially planned — including an equity investment …

Bloomberg:

Sources: xAI nears a deal to raise $20B in equity and debt, tied to the Nvidia GPUs that xAI plans to use in Colossus 2; Nvidia is investing as much as $2B  —  The Elon Musk-backed artificial intelligence startup xAI is raising more financing than initially planned — including an equity investment …

Source: TechMeme
Source Link: http://www.techmeme.com/251007/p31#a251007p31