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    Tag: raise

    BlogFainanceFinance

    xAI, Elon Musk AI startup, to raise $20 billion after Nvidia boost funding round

    The funding includes purchase of Nvidia processors and renting them out to Elon Musk’s AI startup xAI for use in its data centre called Colossus 2 in Memphis. Source link

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    By MDYEASINARAFATSHUVA
    October 9, 2025October 9, 2025

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