Nvidia reportedly signs another blockbuster AI supply deal, this time with Elon Musk's xAI — investment will support $20 billion Colossus 2 Memphis project from Latest from Tom's Hardware on 2025-10-08 12:08 (#70KRZ) Elon Musk's AI venture xAI is preparing to raise roughly $20 billion through a mixture of equity and debt, with Nvidia playing a central role in the funding structure and chip supply.