Sources: xAI nears a deal to raise $20B in equity and debt, tied to the Nvidia GPUs that xAI plans to use in Colossus 2; Nvidia is investing as much as $2B

bloomberg.com/news/articles/2025-10-07/musk-s-xai-nears-20-billion-capital-raise-tied-to-nvidia-chips?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc1OTg4NjEyOCwiZXhwIjoxNzYwNDkwOTI4LCJhcnRpY2xlSWQiOiJUM1JJVFhHT1QwSlAwMCIsImJjb25uZWN0SWQiOiI2NTc1NjkyN0UwMkM0N0MwQkQ0MDNEQTJGMEUyNzIyMyJ9.uEHxkQrxs-7xDhRM9mXt8W4RinlvO4r2J4SaQXa1EBk

This story appeared on bloomberg.com, 2025-10-08 12:33:53.740000.
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