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Journalist

Alan Barona

Editor at Reuters

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Musk's xAI nears $20 billion capital raise tied to Nvidia chips
Yahoo FinancenewsneutralOct 8, 2025

Elon Musk's xAI is raising $20 billion in financing including a $2 billion equity investment from Nvidia, structured to fund GPU purchases for its Colossus 2 data center.

“Listed as editor of the article.”

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