ChainCatcher news, according to the New York Post, Musk's artificial intelligence startup xAI is in negotiations with Nvidia for a significant investment aimed at accelerating the development of its large language model Grok.

In addition, the Wall Street Journal reported that xAI is negotiating a financing deal worth billions of dollars, valuing the company at approximately $40 billion. It also noted that Musk is seeking strategic investors, primarily technology companies, to support this round of financing, but no names have been confirmed yet. It is said that venture capital firms including Sequoia Capital, Andreessen Horowitz, and Vy Capital are also involved in these ongoing negotiations.