Odaily Planet Daily News According to market news, CNBC disclosed that Elon Musk's artificial intelligence company xAI has raised up to $6 billion at a valuation of $50 billion. Sources said that the financing is expected to be completed early next week, with $5 billion coming from sovereign funds in the Middle East and $1 billion from other investors, some of whom may want to make additional investments. According to people familiar with the matter, the funds will be used to purchase 100,000 Nvidia (NVDA.O) chips to enhance the Memphis cloud cluster. Tesla's fully autonomous driving (FSD) is expected to rely on the new Memphis supercomputer. (Jinshi Data APP) (Jinshi)