Nov 4, 08:41 AM

Nvidia in Talks to Invest in Elon Musk's xAI, Valuation Could Reach $75 Billion in January Fundraising Round

Nvidia is reportedly in discussions to invest in Elon Musk's artificial intelligence startup, xAI. Recent reports indicate that Musk is preparing for a significant fundraising round in January, which could value xAI between $40 billion and $75 billion. This potential partnership reflects Musk's intent to compete seriously with established AI firms such as OpenAI, Anthropic, and Google. The talks between Nvidia and Musk come amid growing interest in AI technologies and the strategic positioning of both companies within the sector. Sources suggest that Nvidia's involvement could enhance xAI's capabilities, particularly in powering applications like the Grok chatbot on Musk's X platform.