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Benzinga

Business

Ananya Gairola

Elon Musk's xAI Plans To Raise $12 Billion In Debt To Buy Nvidia Chips And Build One Of The World's Largest AI Superclusters: Report

Elon Musk XAI Nvidia Nasdaq NVDA NVIDIA Corporation ElonMusk Artificial Intelligence

xAI Grok

Elon Musk's artificial intelligence startup xAI is reportedly seeking to raise up to $12 billion in debt to fund a massive AI supercomputing infrastructure powered by Nvidia Corporation's (NASDAQ:NVDA) chips.

What Happened: xAI is working with Valor Equity Partners to line up financing from lenders, with the capital earmarked for purchasing high-end Nvidia GPUs, reported the Wall Street Journal, citing people familiar with the situation.

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US Justice Department threatens California over alleged noncitizen voters' list

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District court judge Timothy Kelly was ruling after the Trump administration blocked access to the three outlets in September

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‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

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The Times of India

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

US Justice Department threatens California over alleged noncitizen voters' list

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The US Justice Department has directed California officials to investigate alleged noncitizen voters within 48 hours. It has demanded that ballots from these voters be withheld until their citizenship is confirmed. The department underlines its commitment to ensuring election integrity and may take legal action if demands are not met.…

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Live: Loud explosions heard in Saudi capital Riyadh following attack on Aramco building

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55 Interesting Facts And Posts About The World Around Us

Well-informed people are often called insufferable know-it-alls, but that might just be jealousy. If you secretly wish to be a trivia-night hero, these fascinating facts are just what you need. They are so interesting, you might lose track of time by the end. Just scroll through and check them out…

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