[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Benzinga [@Benzinga](/creator/twitter/Benzinga) on x 306.9K followers Created: 2025-07-23 15:00:41 UTC Elon Musk’s AI startup xAI is reportedly planning to raise up to $XX billion in debt to buy Nvidia chips and build one of the largest AI superclusters in the world. The Wall Street Journal reports that xAI is working with Valor Equity Partners to secure financing, which would be used to purchase high-end GPUs and lease them back for large-scale AI training. The funding will support Grok, xAI’s chatbot, and the development of new large language models. Musk posted that Grok is currently being trained on XXXXXXX GPUs, including XXXXXX Nvidia GB200 chips. He also revealed a new supercluster with XXXXXXX GB200 and GB300 chips will be coming online soon. In another post, Musk said xAI plans to deploy XX million H100-equivalent AI compute units over the next five years. This scale would place xAI at the forefront of global AI infrastructure. Earlier this month, xAI had already raised $XX billion in combined debt and strategic equity. While Musk has publicly said xAI doesn’t need more capital, sources say the new debt round may come with repayment deadlines and borrowing limits. The move highlights Musk’s ambition to outpace competitors like OpenAI, Google, and DeepSeek in the intensifying AI arms race.  XXXXX engagements  **Related Topics** [wall street](/topic/wall-street) [chips](/topic/chips) [debt](/topic/debt) [xai](/topic/xai) [coins ai](/topic/coins-ai) [elon musk](/topic/elon-musk) [$nvda](/topic/$nvda) [stocks technology](/topic/stocks-technology) [Post Link](https://x.com/Benzinga/status/1948035543964471804)
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Benzinga @Benzinga on x 306.9K followers
Created: 2025-07-23 15:00:41 UTC
Elon Musk’s AI startup xAI is reportedly planning to raise up to $XX billion in debt to buy Nvidia chips and build one of the largest AI superclusters in the world.
The Wall Street Journal reports that xAI is working with Valor Equity Partners to secure financing, which would be used to purchase high-end GPUs and lease them back for large-scale AI training.
The funding will support Grok, xAI’s chatbot, and the development of new large language models. Musk posted that Grok is currently being trained on XXXXXXX GPUs, including XXXXXX Nvidia GB200 chips. He also revealed a new supercluster with XXXXXXX GB200 and GB300 chips will be coming online soon.
In another post, Musk said xAI plans to deploy XX million H100-equivalent AI compute units over the next five years. This scale would place xAI at the forefront of global AI infrastructure.
Earlier this month, xAI had already raised $XX billion in combined debt and strategic equity. While Musk has publicly said xAI doesn’t need more capital, sources say the new debt round may come with repayment deadlines and borrowing limits.
The move highlights Musk’s ambition to outpace competitors like OpenAI, Google, and DeepSeek in the intensifying AI arms race.
XXXXX engagements
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