"Huang said he's very excited about xAI's latest financing round. He described Musk's company as part of a powerful new generation of AI developers, alongside OpenAI and Anthropic. that are reshaping the computing landscape. "I'm super excited about the financing opportunity they're doing. The only regret I have about xAI, we're an investor already, is that I didn't give him more money. You know almost everything that Elon's pat of, you really want to be part of as well," the Nvidia CEO stated."
"The CEO also clarified Nvidia's investment in xAI, revealing that Elon Musk had offered the investment opportunity to the chipmaker. "He (Musk) gave us the opportunity to invest in xAI. I'm just delighted by that," Huang stated. AI investment boom Huang contrasted today's AI-driven economy with the early days of the internet. "Back then, all the internet companies combined were maybe $30 or $40 billion in size," he said. "If you look at the hyperscalers now, that's about $2.5 trillion of business already operating today.""
Nvidia is already an investor in xAI and regrets not committing more capital, citing Elon Musk's track record with companies like Tesla and SpaceX. xAI is presented as part of a new generation of transformative AI developers alongside OpenAI and Anthropic that are reshaping computing. Elon Musk reportedly offered Nvidia the chance to invest in xAI. The ongoing shift from CPU-based computing to GPU-powered generative AI is framed as a multi-trillion-dollar buildout. Hyperscaler business size is estimated at about $2.5 trillion versus roughly $30–$40 billion in the early internet era. Nvidia engineers use AI coding assistants such as Cursor.
Read at TESLARATI
Unable to calculate read time
Collection
[
|
...
]