Ah, you know how it is. Once you go on a GPU buying spree, it's difficult to stop yourself from adding a few thousand more to the pile. I'd imagine, anyway. The Wall Street Journal reports that xAI is working with private equity firms to secure up to $12 billion in order to lease a massive supply of Nvidia chips for its AI-dominating aims, mere weeks after raising an estimated $10 billion through the sales of stock and debt.
The WSJ says that Valor Equity Partners, an investment firm believed to have close ties to Musk, is currently in talks with lenders to raise the required capital.
