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Elon Musk raises  billion for xAI’s Memphis data center; will buy 100,000 Nvidia chips to boost Tesla’s autonomous driving capabilities
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Elon Musk raises $6 billion for xAI’s Memphis data center; will buy 100,000 Nvidia chips to boost Tesla’s autonomous driving capabilities


  • Elon Musk seeks $6 billion for xAI Memphis data center
  • Funding to purchase 100,000 Nvidia chips for AI projects
  • Data center will power Tesla’s fully autonomous driving capabilities

Elon Musk knows that staying competitive in AI requires deep pockets – in February 2024, the world’s richest man said Tesla would spend “more than a billion dollars” on Nvidiait is H100 and AMDInstinct MI300 from Instinct, adding: “The stakes to compete in AI are currently at least several billion dollars per year. »

More recently, the controversial billionaire gave us a tour inside the massive AI supercluster, called Cortexused by X (formerly Twitter) and followed by the announcement that Colossus, a new 100,000 H100 training cluster for Musk’s AI company, is now operational.