Nvidia Eyes Big Bet on Musk’s xAI

Nvidia is in talks to invest in Elon Musk’s xAI, targeting a January 2024 funding round that could boost xAI’s valuation from $40B to $75B. Despite analysts saying competitors will keep buying Nvidia chips, the deal seems on track. xAI recently raised $6B and launched the Colossus 100k H100 training cluster, touted by Musk as the world’s most powerful AI system. Meanwhile, innovations like Liquid AI’s 'liquid neural networks' are making AI more accessible and affordable for businesses.