Sinopec Posts 36.8% Net Profit Drop in 2025 Amid Weak Petrochemical Margins and Energy Transition Pressures 
Merck's $6 Billion Bid for Terns Pharma Signals Bold Oncology Push 
SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion 
Air Canada Express Crash at LaGuardia: Controller Distracted by Prior Emergency 
Judge Dismisses Sam Altman Sexual Abuse Lawsuit, But Sister Can Refile 
Berkshire Hathaway and Tokio Marine Form Major Strategic Insurance Partnership 
SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion 
Delivery Hero Sells Taiwan Foodpanda to Grab for $600 Million in Debt-Reduction Push 
Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push 
Volkswagen CEO Urges Germany to Adopt China's Industrial Discipline Amid Major Restructuring 
AWS Bahrain Region Disrupted by Drone Activity Amid Middle East Conflict 
OpenAI's Desktop Superapp: Unifying ChatGPT, Codex, and Browser Tools for Enterprise AI 
Alibaba Bets on AI Agents to Unify Its Vast Digital Ecosystem 
Global Flight Cancellations 2026: Middle East Air Travel Chaos Explained 
Golden Dome Missile Defense: Anduril and Palantir Join Forces on Trump's $185B Space Shield 
SLMG Beverages Eyes Price Hikes Amid Rising Packaging Costs and India's Booming Soft Drink Market 
Trump White House Unveils National AI Policy Framework for Congress 
Elon Musk's AI venture xAI is reportedly in talks with Nvidia for a substantial investment that could accelerate the development of its large language model, Grok. Sources suggest this move might significantly impact the rapidly evolving AI sector.
Nvidia and Musk's xAI: A Potential Partnership in the Works
According to a recent story, semiconductor giant Nvidia is reportedly in discussions with Elon Musk over a possible investment in xAI. The New York Post was the first to reveal the purported investment, citing an anonymous source that was supposedly informed about the situation.
Social media platform X is now using Grok, a large language model (LLM) developed by Elon Musk's artificial intelligence business. Grok has grown and developed rapidly, despite entering the market later than rivals like OpenAI's ChatGPT.
Grok's Swift Growth Puts xAI in the Spotlight
Nvidia has allegedly chosen not to comment on the rumored investment in xAI, but Jensen Huang, CEO of Nvidia, has shown strong support for Musk's AI business, Teslarati reports. The xAI team assembled a cluster of 100,000 H200 Blackwell GPUs in a mere 19 days, according to an interview given by Huang in October.
According to Huang, the typical timeframe for such a project, beginning with the ideation phase and ending with the finished product, is four years. "As far as I know, there’s only one person in the world who could do that; Elon is singular in his understanding of engineering and construction and large systems and marshaling resources; it’s just unbelievable," Huang remarked.
Investors Show Growing Interest in Musk's xAI
Numerous reports have surfaced regarding investments in xAI. Several billion dollars, at a valuation of around $40 billion, were allegedly being discussed by Musk's AI business with certain investors in October, according to a report in The Wall Street Journal.
According to The Information, Musk's AI business has also considered soliciting $5 billion from investors, valuing it at around $45 billion.
Top Venture Capital Firms Join xAI’s Funding Round
Sequoia Capital, Andreessen Horowitz, and Vy Capital are among the firms mentioned in The Information's story as participating in xAI's financing round. According to the magazine, Valor Equity Partners is allegedly back to invest in the AI business.
