Reported 6 months ago
Elon Musk's AI startup xAI is developing a new supercomputer powered by Nvidia chips, leading to a rise in Nvidia's stock. The partnership between xAI and Nvidia signifies a significant order for Nvidia and a $6 billion investment in AI technology. This move reflects the growing interest and investment in AI technology, with other chip makers like Intel, Qualcomm, and AMD also benefiting from the increased focus on AI.
Source: YAHOO