AK News Nvidia To Finance Elon Musk's xAI Chips As Part Of $20 Billion Deal

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Nvidia To Finance Elon Musk's xAI Chips As Part Of $20 Billion Deal

Published on: Oct. 8, 2025, 11:50 a.m. | Source: NDTV.com

Elon Musk's artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia Corp. to lift its ongoing funding round to $20 billion, according to people with knowledge of the matter.

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