[xAI Raising Funds, Investors Including NVIDIA Increase Scale to $20 Billion] Foresight News reports, according to Bloomberg, sources revealed that Elon Musk's xAI is raising funds exceeding its initial plan, with investors including NVIDIA increasing the scale to $20 billion. NVIDIA is expected to invest up to $2 billion in this equity financing. The financing includes both equity and debt components, with funds being injected into a special purpose vehicle (SPV) to purchase NVIDIA processors and lease them to xAI for its Colossus 2 project.