Elon Musk’s xAI and Oracle conclude discussions on potential $10 billion Nvidia server agreement

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Elon Musk’s company, xAI, has recently concluded negotiations with Oracle for a potential $10 billion server deal, according to a report from The Information. This agreement is an expansion of their current partnership, where xAI has been renting AI chips from Nvidia through Oracle’s cloud services. Musk’s xAI is working on building a new system using Nvidia’s H100 GPUs to accelerate the project’s timeline, as he announced on his social media platform, X.

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https://www.timesnownews.com/technology-science/elon-musks-xai-and-oracle-end-talks-on-potential-10-billion-nvidia-server-deal-article-111622830/amp