Market Chatter: Nvidia to Invest Up to $2 Billion in xAI's Expanded Funding Round-February 2024-www.financetom.com

Market Chatter: Nvidia to Invest Up to $2 Billion in xAI's Expanded Funding Round

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Market Chatter: Nvidia to Invest Up to $2 Billion in xAI's Expanded Funding Round

Oct 8, 2025 1:52 AM

04:33 AM EDT, 10/08/2025 (MT Newswires) -- Nvidia ( NVDA ) is investing up to $2 billion in an ongoing funding round for Elon Musk's xAI artificial intelligence startup, Bloomberg News reported Tuesday, citing people familiar with the matter.

The chipmaking giant is investing in the equity portion of the financing that includes debt in a special purpose vehicle dedicated to buying its processors and renting them to xAI, the unnamed sources told the news outlet.

XAI is now looking to raise $20 billion in the funding round, higher than initially planned, according to the report.

Nvidia ( NVDA ) declined to comment, while xAI didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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