ALBAWABA – xAI, the American artificial intelligence startup founded by Elon Musk, announced plans to raise $6 million to acquire 100,000 Nvidia chips. xAI plans to purchase 100,000 Nvidia chips Elon Musk’s xAI announced a $6 million fundraising to purchase about 100,000 Nvidia chips, according to CNBC. $5 billion will be raised from sovereign wealth funds in the Middle East, and $1 billion will come from other investors, according to ...