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Elon Musk Just Gave Nvidia Investors 100,000 Reasons to Cheer

TheMotleyFool

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Elon Musk Just Gave Nvidia Investors 100,000 Reasons to Cheer: https://g.foolcdn.com/editorial/images/778935/chat-ai-laptop.jpg

Over the last year, serial entrepreneur Elon Musk and semiconductor company Nvidia (NASDAQ: NVDA) have become staples in financial headlines. Rarely, however, have the two names been mentioned together -- until now.

Just days ago, Musk's artificial intelligence (AI) start-up, called xAI, closed on a $6 billion financing round. xAI is building a large language model (LLM) called Grok that aims to compete with OpenAI's ChatGPT.

Following the announcement, several media outlets reported that a portion of the funding would be used to purchase 100,000 Nvidia H100 graphics processing units (GPUs) to build a supercomputer.

Source Fool.com

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