Elon Musk's artificial intelligence company, xAI, is reportedly ramping up its fundraising efforts to about $20 billion (approximately £15 billion). This includes a major investment from chip maker Nvidia. The capital injection is aimed at speeding up the growth of xAI's next generation supercomputing infrastructure, especially the Colossus 2 data centre, and securing a large supply of Nvidia GPUs. The deal closely links Nvidia's investment to the hardware that xAI will utilise, showing how vital Nvidia's technology is for Musk's long-term AI goals.
