AK News xAI's Funding Surge: New Investments Propel AI Startup to $20 Billion

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xAI's Funding Surge: New Investments Propel AI Startup to $20 Billion

Published on: Oct. 8, 2025, 5:29 a.m. | Source: Devdiscourse

Elon Musk's AI startup, xAI, is set to raise $20 billion, significantly more than initially planned, with investments from Nvidia. The funding will aid in purchasing Nvidia processors for xAI's data center, Colossus 2. The financing comprises $7.5 billion in equity and $12.5 billion in debt.

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