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Edge Of Power @edge_of_power on x XXX followers
Created: 2025-07-22 16:02:13 UTC
⚡️⚡️⚡️xAI needs $12B for $NVidia chips
Valor Equity Partners, an investment firm whose founder, Antonio Gracias, has close ties to Musk, is in talks with lenders to raise the capital - WSJ
The money would be used to buy a massive supply of advanced Nvidia chips that would be leased to xAI for a new jumbo-sized data center meant to help train and power the AI chatbot Grok.
$12B is enough to compensate $NVidia for all the Chinese restrictions. And $Tesla must sell really well
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