Elon Musk's one-year-old artificial intelligence startup xAI has been in talks with Oracle executives about spending $1 billion to lease Cloud as a Service from Oracle over several years, a deal that would make xAI one of Oracle's largest customers.
Meanwhile, xAI is closing a $6 billion equity funding round to help cover cloud costs.
Musk's xAI plans to rent Oracle's Cloud as a Service for nearly $10 billion
2024-05-14 16:11:51
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