David Faber breaks down exclusive reporting about Elon Musk's involvement with xAI, potentially new fundings rounds, and more ...

Sources said recent comments from Musk signal that AI startup xAI may be readying for a significant capital raise.

According to CNBC’s David Faber, Elon Musk has raised up to $6 billion (at a $50 billion valuation) to purchase 100,000 Nvidia chips for xAI’s Memphis data center, which will - among other thi ...