Elon Musk is taking on ChatGPT — and xAI now has $20 billion more to do it
Cisco Investments and Nvidia were strategic investors in a newly announced funding round.
Last updated: 2026-01-07 00:40:31 ET
Cisco Investments and Nvidia were strategic investors in a newly announced funding round.
"It appears that we're going to be going back to China," Nvidia CEO Jensen Huang said on Tuesday at the CES conference in Las Vegas.
Nvidia is among the many investors, but xAI has not disclosed if these investments come in the form of equity or debt.
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