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Elon Musk to Invest Up to $12 Billion in Nvidia Chips for xAI

Jun 4, 2024, 01:26 AM

Elon Musk plans to spend between $9 billion and $12 billion on Nvidia chips for his artificial intelligence company, xAI. The expenditure will cover the purchase of 300,000 B200 chips, each costing between $30,000 and $40,000. The move underscores Musk's commitment to advancing AI capabilities through significant hardware investments.