{"id":59964,"date":"2025-10-08T00:18:09","date_gmt":"2025-10-08T00:18:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/59964\/"},"modified":"2025-10-08T00:18:09","modified_gmt":"2025-10-08T00:18:09","slug":"nvidia-to-invest-in-musks-xai-as-part-of-20-billion-funding","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/59964\/","title":{"rendered":"Nvidia to Invest in Musk\u2019s xAI as Part of $20 Billion Funding"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The Elon Musk-backed artificial intelligence startup xAI is raising more financing than initially planned \u2014 including an equity investment from <a href=\"https:\/\/www.bloomberg.com\/quote\/NVDA:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Nvidia Corp.<\/a> \u2014 to bring its ongoing funding round to $20 billion, according to people with knowledge of the matter.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The financing, which includes equity and debt, will be tied to the Nvidia graphics processing units that xAI plans to use in Colossus 2, said the people, who asked not to be identified because the information is private. That\u2019s the name of its largest data center site, which is located in Memphis.<\/p>\n","protected":false},"excerpt":{"rendered":"The Elon Musk-backed artificial intelligence startup xAI is raising more financing than initially planned \u2014 including an equity&hellip;\n","protected":false},"author":2,"featured_media":59965,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,42043,19116,1575,12807,85,4426,4141,46,14549,1677,303,125],"class_list":{"0":"post-59964","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-capital-partners","12":"tag-chief-financial-officer","13":"tag-debt","14":"tag-elon-reeve-musk","15":"tag-il","16":"tag-infrastructure","17":"tag-investing","18":"tag-israel","19":"tag-memphis","20":"tag-nvidia-corp","21":"tag-startups","22":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/59964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=59964"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/59964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/59965"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=59964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=59964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=59964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}