Elon Musk’s xAI says it raised $6 billion in its latest funding round. Plenty of that cash should flow to Nvidia. Read More...
Nvidia Shares Help Lift Nasdaq
Nvidia shares surged again Tuesday, adding to their outsized recent gains on an otherwise lackluster day for stocks. News that Elon Musk’s xAI had raised $6 billion in private financing provided an extra boost to Nvidia shares, highlighting the frenzy of artificial-intelligence investment that has turned the chip maker into a market behemoth.
The Wall Street Journal•
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