Nvidia to boost Elon Musk’s xAI $20 billion funding - How much is the tech firm investing?
Published on: Oct. 8, 2025, 9:02 a.m. | Source: The Financial Express
Elon Musk’s AI startup xAI is raising $20 billion in a funding round, with an equity investment from Nvidia. The financing will be split between $7.5 billion of equity and $12.5 billion of debt, and will be used to purchase Nvidia processors. This investment comes after xAI’s launch in 2023 as an alternative to OpenAI’s […] | financialexpress.com
