by Krishi Chowdhary from Techreport on (#6SAVS)
As per inside sources, Elon Musk's AI company xAI has managed to secure $6 billion in funding. The bigger chunk of the funding, $5 billion, comes from Middle Eastern sovereign funds whereas the rest of the $1 billion came from other investors.This money will be used to purchase 100,000 Nvidia chips that will power the upcoming line of Tesla's Full self-driving cars.The post Elon Musk's Xai Raises $6 Billion Funding to Purchase 100,000 Nvidia Chips appeared first on Techreport.