AK News xAI, Elon Musk AI startup, to raise $20 billion after Nvidia boost funding round

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xAI, Elon Musk AI startup, to raise $20 billion after Nvidia boost funding round

Published on: Oct. 9, 2025, 8 a.m. | Source: Hindustan Times

The funding includes purchase of Nvidia processors and renting them out to Elon Musk's AI startup xAI for use in its data centre called Colossus 2 in Memphis.| Business News

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