{"id":967126,"date":"2025-10-09T12:30:02","date_gmt":"2025-10-09T07:00:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=967126"},"modified":"2025-10-09T12:30:02","modified_gmt":"2025-10-09T07:00:02","slug":"xai-elon-musk-ai-startup-to-raise-20-billion-after-nvidia-boost-funding-round","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/09\/xai-elon-musk-ai-startup-to-raise-20-billion-after-nvidia-boost-funding-round\/","title":{"rendered":"xAI, Elon Musk AI startup, to raise $20 billion after Nvidia boost funding round"},"content":{"rendered":"<p>Elon Musk\u2019s AI 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.<\/p>\n<p>The financing includes equity and debt in a special purpose vehicle that will buy Nvidia processors and rent them to xAI for use in its Colossus 2 project. That\u2019s the name of its largest data centre site, which is located in Memphis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk\u2019s AI 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. The financing includes equity and debt in a special purpose vehicle that will buy Nvidia processors and rent them to xAI for use in its Colossus 2 project. That\u2019s the name of its largest data centre site, which is located in Memphis.<\/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":[15,51,4],"tags":[],"class_list":["post-967126","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/967126","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=967126"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/967126\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=967126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=967126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=967126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}