Musk's artificial intelligence startup XAI announced that it has completed a round of financing of 20 billion US dollars. Investors include Nvidia, Cisco Investments, and the Qatar Investment Authority. According to reports, this financing deal has been in preparation for several months. Nvidia originally planned to invest up to $2 billion. xAI did not disclose the specific investment amount of each investor, nor did it explain the share of debt and equity in this round of financing. It only revealed that investors also covered Starbucks Group, Fidelity Management Research, MGX Capital, and Barron Capital Group.

Musk's artificial intelligence startup XAI announced that it has completed a round of financing of 20 billion US dollars. Investors include Nvidia, Cisco Investments, and the Qatar Investment Authority. According to reports, this financing deal has been in preparation for several months. Nvidia originally planned to invest up to $2 billion. xAI did not disclose the specific investment amount of each investor, nor did it explain the share of debt and equity in this round of financing. It only revealed that investors also covered Starbucks Group, Fidelity Management Research, MGX Capital, and Barron Capital Group.