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Insiders: Musk's xAI plans to spend nearly $10 billion to lease Oracle cloud servers

2024-05-15 08:24:36

According to ChainCatcher, citing sources from The Information, Elon Musk's AI startup xAI, which was established only a year ago, has been in talks with executives from Oracle Corporation, planning to spend $10 billion over several years to lease cloud servers from Oracle. This deal would make xAI one of Oracle's largest clients.

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