xAI to Raise $20 Billion After Nvidia and Others Boost Round
> Elon Musk’s artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia Corp. to lift its ongoing funding round to $20 billion, according to people with knowledge of the matter.
archive.is/2025.10.08-081137/b…
raymondpert.wordpress.com/2025…
#ElonMusk #NVDA #sticks #Nvidia #xAI #finance
Elon Musk’s xAI Secures $20 Billion in Massive NVIDIA-Backed Funding Round
This asset-backed financing model could serve as a template for other tech firms looking to manage high debt exposure while building expensive AI infrastructure. Published: October 8, 2025 Elo…raymondpert
