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

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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

benzinga.com/markets/tech/25/07/46563372/elon-musks-xai-plans-to-raise-12-billion-in-debt-to-buy-nvidia-chips-and-build-one-of-the-worlds-lar

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…

This story appeared on benzinga.com, 2025-07-23 03:20:33.