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Will xAI raise the full $6 billion by March 31, 2025?

3

Elon Musk•xAI•Nvidia•Memphis•CNBC•Middle Eastern

Resolution / Starting Odds

Yes • 50%

No • 50%

Financial disclosures from xAI or coverage by reputable financial news outlets

Story

xAI Raises $6B for Nvidia Chips in Memphis

Nov 15, 2024, 02:45 PM

Elon Musk's xAI is raising up to $6 billion to purchase 100,000 Nvidia chips for its Memphis data center, according to CNBC. The funding, which includes $5 billion from Middle Eastern sovereign funds, will support the company's growth in artificial intelligence technology. xAI is now valued at $50 billion, making it the sixth most valuable startup globally.

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Will xAI successfully raise $6 billion by November 30, 2024?

Yes • 50%

No • 50%

Will xAI complete $6 billion funding round by Nov 22, 2024?

Yes • 50%

No • 50%

Will xAI complete $5B funding round by March 31, 2025?

Yes • 50%

No • 50%

Will xAI complete a $5 billion fundraising round by May 2025?

Yes • 50%

No • 50%

Will xAI raise funding at a $40 billion valuation by March 31, 2025?

Yes • 50%

No • 50%

Will xAI secure additional funding beyond $5 billion by the end of 2024?

Yes • 50%

No • 50%

Will xAI secure funding at a valuation over $60B by Jun 30, 2025?

Yes • 50%

No • 50%

How much will xAI raise in its next funding round by March 31, 2025?

Less than $2 billion • 25%

$2 billion to less than $4 billion • 25%

$4 billion to less than $6 billion • 25%

$6 billion or more • 25%

Will xAI secure a $40 billion valuation by March 31, 2025?

Yes • 50%

No • 50%

Will xAI's valuation reach $60 billion by December 31, 2025?

Yes • 50%

No • 50%

Will xAI's valuation reach $75 billion following Nvidia's investment by June 30, 2025?

Yes • 50%

No • 50%

Will xAI secure over $1 billion in funding by end of 2024?

Yes • 50%

No • 50%

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Will xAI complete purchase of 100,000 Nvidia chips by June 30, 2025?

Yes • 50%

No • 50%

Primary source of funding for xAI's Nvidia chip purchase by March 2025?

Other • 25%

Middle Eastern sovereign funds • 25%

Private equity firms • 25%

Venture capital • 25%

Primary use of Nvidia chips by xAI by December 2025?

AI research and development • 25%

Other • 25%

Data center expansion • 25%

Cloud computing services • 25%

Which region will contribute most to xAI's funding by March 31, 2025?

Middle East • 25%

North America • 25%

Europe • 25%

Asia • 25%