๐ค๐ผ MUSKโS xAI TO BORROW $12B TO BUILD MASSIVE AI SUPERCOMPUTER ๐ผ๐ค
Elon Musk is gearing up for a major leap in AI infrastructure. His company, xAI, is planning to raise $12 billion in debt to fund the acquisition of high-performance Nvidia chips for its next-gen data center, aimed at empowering their AI chatbot, Grok. Talks are led by Valor Equity Partners, and some lenders are cautious, pushing for repayment limits within three years. Currently training Grok on 230,000 GPUs, xAI also plans a gargantuan 550,000-chip supercluster next. With a projected $13 billion burn in 2025, this move shows how intense and capital-heavy the AI race has become.
For crypto and tech investors, this signals a surge in AI infrastructure demandโand Nvidia stands to benefit massively. If you hold NVDA, consider monitoring these developments closely. For others, it underscores the growing fusion of AI, blockchain, and big tech innovation. ๐
๐ฌ Do you think Muskโs bold $12B AI bet will succeedโand what does it mean for crypto-linked AI and chip stocks? Share your thoughts below! ๐
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