Nvidia stock could get a boost from Elon Musk's xAI and Alphabet's Google as they race to build artificial intelligence.

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.

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

As AI companies continue to push for more polluting data centers to train increasingly energy-intensive AI models, Meta is trying to make big claims about how the tech could solve the climate crisis.

OpenAI partners with Oracle to boost Stargate AI capacity to 5 GW, as Elon Musk targets 50 million H100-scale units for xAI over the next five years.

Elon Musk's xAI is reportedly seeking $12 billion in debt financing to buy Nvidia chips and build a massive AI supercluster, signaling an aggressive push to stay competitive in the global AI arms race.

One of the new “companions,” or AI characters for users to interact with, is a sexualized blonde anime bot called “Ani."

In a familiar critique of corporate structures, Musk also weighed in on the ideal environment for fostering such long-term, existentially focused AI. He declared, “For long-term optimization, it is better to be a private than a public company, as the latter is punished for long-term optimization beyond the reward cycle of stock portfolio managers.”

On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Co. (NYSE:TSM),

Apple stock is suffering over AI doubts and it might need to turn to an external partner. Elon Musk’s xAI could be the ally it needs, according to Melius’s Ben Reitzes.

This is the smartest AI in the world,” Musk said. He did not mention the chatbot’s viral posts praising Hitler and calling itself “MechaHitler.”