{"id":966837,"date":"2025-10-08T11:00:22","date_gmt":"2025-10-08T05:30:22","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=966837"},"modified":"2025-10-08T11:00:22","modified_gmt":"2025-10-08T05:30:22","slug":"nvidia-to-invest-in-elon-musks-xai-as-part-of-20-billion-fundraising-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/08\/nvidia-to-invest-in-elon-musks-xai-as-part-of-20-billion-fundraising-report\/","title":{"rendered":"Nvidia to invest in Elon Musk\u2019s xAI as part of $20 billion fundraising: Report"},"content":{"rendered":"<p>Elon Musk-backed artificial intelligence (AI) company xAI is working on a major fundraising push that could bring in about $20 million\u2013 including an equity investment from Nvidia, reports Bloomberg citing people familiar with the matter. Musk launched xAI in 2023 with the goal of building more transparent AI systems that are aligned with human interests. xAI has announced its own AI chatbot Grok which is currently integrated into X.<\/p>\n<p>As per the report, Nvidia\u2019s financing may include both equity and debt. It will likely be tied to the Nvidia graphics processing units that xAI plans to use in Colossus 2 \u2013 largest data centre site located in Memphis. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk-backed artificial intelligence (AI) company xAI is working on a major fundraising push that could bring in about $20 million\u2013 including an equity investment from Nvidia, reports Bloomberg citing people familiar with the matter. Musk launched xAI in 2023 with the goal of building more transparent AI systems that are aligned with human interests. xAI has announced its own AI chatbot Grok which is currently integrated into X. As per the report, Nvidia\u2019s financing may include both equity and debt. It will likely be tied to the Nvidia graphics processing units that xAI plans to use in Colossus 2 [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-966837","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/966837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=966837"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/966837\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=966837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=966837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=966837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}