Elon Musk's AI company, xAI, aims to exponentially increase its computing power to the equivalent of 50 million Nvidia H100 GPUs within five years. This ambitious plan raises concerns about the feasibility of managing the energy demands involved.

AI founder Elon Musk provided an update on the company's second Memphis campus, including plans to start bringing the site online.

Elon Musk’s AI venture xAI is gearing up for one of the most aggressive hardware expansions in AI history. According to reports, the company is seeking up to $12 billion in debt financing to purchase Nvidia GPUs,

STORY: From what the Nvidia boss thinks of Chinese bots, to why Elon Musk wants someone to give him $12 billion, this is AI Weekly.:: AI WeeklyNvidia boss Jensen Huang has hailed the quality of China’s AI models:"China is moving incredibly fast because the model layer with DeepSeek and Alibaba Qwen and Moonshot Kimi Kimi,

Elon Musk's artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for its expansion plans, the Wall Street Journal reported on Tuesday, citing people familiar with the situation.

Copper and pharmaceuticals are getting hit with the tariff stick and the price is steep says President Trump who is promising more trade deals. Stocks remain volatile amid the uncertainty, but investors are piling into Nvidia lifting its market cap to new record.